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Target reached

02 June 2015, USD/JPY

Target reached

4 hours’ chart ofUSDJPY. The price has reached a target on the main level of resistance 125.00 (8/8). Soon after, the price bounced but taking into account strength of ascending trend, you don't need to expect a quick reversal of price. We can expect that after rolling to 4 hours’ Super trend line, the pair will get back to the point 125.00 (8/8).

Nikolay Krishtopov
FreshForex Analyst
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