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Pair tests (0/8) level

09 March 2016, USD/JPY

 Pair tests (0/8) level

The four-hours chart USDJPY. Pair has risen to the nearest support level (0/8). But we haven’t seen upwards bounce from this level. Pair is consolidating on this level. The possibility of breakthrough of this level and further pair decrease become more real. The nearest resistance level could be the four-hours Supertrend line.

Trading decisions: no

Nikolay Krishtopov
FreshForex Analyst
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