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Break of the support level is coming

30 April 2015, USD/JPY

The pair has been moving along support level bouncing a little from this level or getting back to it again. It discovers a certain hesitancy but breakthrough will take place to a high probability. It is also proved by the wave picture where the wave 3 of [3] is supposedly developing. So, if the above-mentioned statement is correct, in the nearest time we will see a breakthrough and an abrupt decline of the pair.

Roman Petukhov
FreshForex Analyst
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