The yen continues to attack | 04 Enero 2016
04 Enero 2016, USD/JPY
The Japanese currency is gaining more and more confidence.
After Opening, the US dollar has lost more than 170 points and it is obviously not the limit.
It is clear that at present extension in wave iii of descending impulse is being formed.
So, if this assumption is correct, in the future we can expect continued impulse drop of pair within the frames of the mentioned scenario
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.
