manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Impulse decline of the pair is expected

05 May 2015, USD/JPY

As of now, US dollar is still taking control over the situation but we think it is a temporarily situation and is caused by a developing correction in the wave 2 of [3] descending impulse.

Thus, impulse decline is expected to renew soon.

These very expectations worked when we open Sell transaction. If support level is broken, I will try to add one more short position.

Impulse decline of the pair is expected

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .