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Waiting the price on the level (8/8)

20 July 2015, USD/JPY

Waiting the price on the level (8/8)

Waiting the price to hit level (8/8)

4 hours’ chart of  USDJPY. The pair is still consolidating under the reversal level (7/8). Meanwhile, its reversal to the level (4/8) is taken by us as an alternative option. The price is still held by 4 hours’ Supertrend line and it tells that trend is not over. Target for growth is the main level of resistance  (8/8).

Nikolay Krishtopov
FreshForex Analyst
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