The dollar begins to give ground | 08 اكتوبر 2015
08 اكتوبر 2015, USD/JPY
After a notable surge caused by an attempt to cope with a sharp decline of the dollar, it failed to continue to move in the upward direction.
Instead, it began a slow slide down, threatening to accelerate and get a powerful impulse to decline.
The scwnario implying formation of the wave [v] is again gaining ground in terms of highest probability of its implementation, so it is worth to look closer at sales from the current price levels with a Stop Loss placed at 121.00, and the target 117.00.
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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
