manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

A deeper drop

07 April 2016, USD/JPY

The pair started to justify the hopes I laid on it and continued to decline under the downward momentum.

The price has updated the Low and now, probably, we witness development of the wave iii of [v] of the descending impulse.

Now the momentum does not look finished, so I expect that the price will continue to move in this direction.

My opened Sell trade has already turned into the black and now I can safely observe intricacies of the pair. < p> In the future, I may openanother Sell trade, as the potential of the movement seems to be very good.

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.