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Perhaps the beginning of an extended flat

25 April 2016, USD/JPY

US dollar continued to strengthen, the Yen did not object.

But by the end of the day of the last trading week bears could shift the price down.

The respond of bulls is likely to bring the correction to life, which may be extended.

This correction must clarify the situation. Therefore, trading is still not recommended. We need a hint at future plans of the price movement.

Vasiliy Lukin
Analyst of «FreshForex» company
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