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Drop is about to start but it does not

16 March 2016, USD/JPY

USD/JPY hasn’t important moved.

Decrease has started and pair could renew local minimum.

But contrary to expectations price has changed the moving.

As a result we can see price rising in limits of correction as a horizontal triangle.

In fact nothing has changed our expectations remain and deals stay open.

 Decrease moving is preparing

USD/JPY hasn’t important moved.

Decrease has started and pair could renew local minimum.

But contrary to expectations price has changed the moving.

As a result we can see price rising in limits of correction as a horizontal triangle.

In fact nothing has changed our expectations remain and deals stay open.

Vasiliy Lukin
Analyst of «FreshForex» company
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