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Expecting price on (0/8) level

07 March 2016, USD/JPY

Expecting price on (0/8) level

The four-hours chart USDJPY. Pair hasn’t risen. Price is continuing to consolidate above the daily Supertrend line and the four-hours Supertrend line. The break through is possible. The first aim is main support level (0/8). If the price consolidates above (1/8) level this possibility will be canceled.

Trading decision: no

Nikolay Krishtopov
FreshForex Analyst
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