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

The dollar begins to give ground

08 October 2015, USD/JPY

After a notable surge caused by an attempt to cope with a sharp decline of the dollar, it failed to continue to move in the upward direction.

Instead, it began a slow slide down, threatening to accelerate and get a powerful impulse to decline.

The scwnario implying formation of the wave [v] is again gaining ground in terms of highest probability of its implementation, so it is worth to look closer at sales from the current price levels with a Stop Loss placed at 121.00, and the target 117.00.

The dollar begins to give ground

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 .