13 Juli 2016, USD/JPY
The four-hours of USDJPY . Bulls have easily managed to cross the resistance (intermediate level (2/8)). This is quite a serious claim to break the downward trend. The pair is currently proof-testing the four-hours SuperTrend line that provides good support for the price under the trend movement. Rising dynamics is still relevant, so we may see a current growth of the pair to continue. The next significant resistance level is (4/8). In case of its breakdown and consolidation of the price below four-hours SuperTrend line, we expect retest of (2/8)
Solutions: no