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We are expecting decrease

18 February 2016, USD/JPY

We are expecting decrease

The four-hours chart USDJPY. Pair is going to consolidate on the four-hours Supertrend line. Price hasn’t bounced upward from this support level. The main possibility is pair decrease. This possibility will be confirmed if price breaks through four-hours Supertrend line.

Trading decisions: stop buying on current levels

Nikolay Krishtopov
FreshForex Analyst
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