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USD/JPY has stuck in correction

17 May 2016, USD/JPY

We assume that at the moment the considered pair is forming the upward momentum. So far, that this model looks unfinished, thus, in the near future we expect a continued growth of the pair within the frames of the impulse.

Adding new positions is not necessary, as well as to close an already opened one, cause it is in the breakeven status

USD/JPY has stuck in correction

Vasiliy Lukin
Analyst of «FreshForex» company
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