We can consider sales to 118.4 in short run | 29 April 2015

29 April 2015, USD/JPY

We can consider sales to 118.4 in short run Us Dollar/Japanese Yen pair continues to move along the boundaries of the blue alpha channel. The pair has stuck on the same level and its volatility dropped a lot. We would like to note that horizontal flat is the general mode of the pair in this specific area. So, we are looking for a new impulse for this pair as important news will be released. Now information will set the direction for the pair.

Roman Petukhov
FreshForex Analyst
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