Log in


26 April 2016, USD/JPY

If we consider the movement of the pair in detail, we will find interesting moments.

So, as we previously mentioned, the downward momentum seems to be finished by the moment.

Growth observed now has been apparently formed as the upward impulse, in which now the wave iii is developing.

We should also note that this wave is likely to be extended.

The pair has a good potential for a further growth, it is worth to try to Buy with a Stop Loss set just below the local Low around 110.30

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.