manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
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:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .