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We are waiting for a further growth

17 December 2015, USD/JPY

We are waiting for a further growth

The four-hour chart of USDJPY . As we expected, the main support and resistance level (4/8) was broken upwards. Currently the pair is testing level (6/8), from which we are witnessing a slight corrective pullback. But in the future we can expect breakdown of the level from bottom to top and growth to the main resistance level (8/8).

Trading solution: None

Nikolay Krishtopov
FreshForex Analyst
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