Wait for the retest of the level (8/8) | 13 August 2015

13 August 2015, USD/JPY

Wait for the retest of the level (8/8)

4 hours’ chart of USDJPY. The pair didn’t manage to stay in the rebuy area and bounced down pretty much.The pair’s support turned to be the day Supertrend line. We wait the new growth wave from with the target on the same resistance level (8/8). This variant will be denied in case of the pair’s settle below the day Supertrend line.

Nikolay Krishtopov
FreshForex Analyst
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