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We are expecting decrease

22 February 2016, USD/JPY

We are expecting decrease

The four-hours chart USDJPY. Pair is on main support level (0/8), but there is no strong bounce from this level and price is under the four-hours Supertrend line. The main possibility is possibility with decreasing price movement. It will be canceled if pair consolidates above the four-hours Supertrend line.

Trading decisions: sell from the four-hours Supertrend line.

Nikolay Krishtopov
FreshForex Analyst
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