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Growth | 22 September 2015

22 September 2015, USD/JPY

After a seemingly decisive beginning of decline and reaching a local Low, the US dollar started to strengthen again.

This alignment, coupled with the fact that the wave pattern suggests formation of a correctional wave [iv] around 124.80 gives a good signal to open a Buy position with limited risk.

For this reason, I opened a Long position, the goal is designated, I wait for development of the situation.

expected to grow a pair.

Vasiliy Lukin
FreshForex Analyst
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