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Us dollar begins to gain altitude

19 April 2016, USD/JPY

I assume that the development of the descending impulse on this pair has come to an end.

The final wave v of [v] has been formed in the cut form.

Now we observe an attempt of growth, which can be a new model of correction either an impulse.

In the future I expected a continued growth of the pair. So, when it comes to trading with the instrument, we should to look for the opportunities to open Long positions with Stop Loss set at the Low.

Vasiliy Lukin
Analyst of «FreshForex» company
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