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Correction

21 December 2015, USD/JPY

Correction

The four-hours chart of USD JPY. As we expected, the pair continued downward movement targeting the level of (2/8). At the moment, at this level the price has found support, from which we can expect a corrective upward movement. The first goal for a rollback is the four-hours' Supertrend line, from which we expect a new downward wave.

Trading Solutions: None

Nikolay Krishtopov
FreshForex Analyst
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