US dollar maintains grip the power over yen | 29 مارس 2016
29 مارس 2016, USD/JPY
US dollar continues to steadily and gradually strengthen against the Japanese currency. The upward movement has a strict bottom border, which sellers failed to break.
It is hard to say when this movement finishes, so we should just patiently wait for corrective decline, and there we should watch how the price will behave and what type of model will be formed. Thus, in the future, the upward movement can continue in the same way and then a decline will start, which is likely to have a corrective nature
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.
