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We are expecting price on (2/8) level

03 March 2016, USD/JPY

We are expecting price on (2/8) level

The four-hours chart USDJPY. Price had correction down pullback and archived support line on the four-hours Supertrend line. This fact that the four-hours Supertrend line can influence on price shows that price is in local trend movement. Therefore, as a priority we can consider possibility with pair growth. Nearest aim is on intermediate resistant level (2/8).

Trading decisions: no

Nikolay Krishtopov
FreshForex Analyst
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