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Level (0/8) is holding price

29 February 2016, USD/JPY

The four-hours chart USDJPY. Pair has bounced from main support level (0/8), but now it come back to this level. Pair has early gone off the oversold area and it is could be medium-term price turn. So price is located above (0/8) level. Growth of the pair is a main possibility.

Trading decisions: buy from (0/8) level

Level (0/8) is holding price

The four-hours chart USDJPY. Pair has bounced from main support level (0/8), but now it come back to this level. Pair has early gone off the oversold area and it is could be medium-term price turn. So price is located above (0/8) level. Growth of the pair is a main possibility.

Trading decisions: buy from (0/8) level

Nikolay Krishtopov
Analyst of «FreshForex» company
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