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The level (2/8) sustained

22 December 2015, USD/JPY

The level (2/8) sustained

The four-hours chart of USDJPY . The price attempted to cross the level (2/8), but as we can see, this attempt has failed. At the moment, the most likely option is growth of the pair to the four-hours SuperTrend line and then a downward bounce from the line of resistance. If the price gets below the level of (2/8), it will cancel this option.

Trading Solution: None

Nikolay Krishtopov
FreshForex Analyst
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