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Pair is confusing traders.

Pair is confusing traders. | 23 March 2016

23 March 2016, USD/JPY

There is no pleasant situation on pair USD/JPY.

Pair had renewed minimum and stopped decrease.

So decrease impulse could be finely formed with very short five wave.

But it looks very unbelievable and pair has potential for continuing decrease.

I have set pending order sell stop to minimize loses and get profit. And now if pair decided to decrease and formed five impulse wave we can make profit on this.

Pair is confusing traders.

Vasiliy Lukin
FreshForex Analyst
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