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The pair continues to decline

21 August 2015, USD/JPY

The pair continues to decline

The four-hours' chart of USDJPY . The pair has not only reached the target on the intermediate level of support (6/8), and following to a brief consolidation it has forced this mark from the top to bottom. At the moment, we can expect a corrective upward retracement of prices to the mark (6/8) and from that resumption of the downward movement reaching the Weekly SuperTrend line .

Nikolay Krishtopov
FreshForex Analyst
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