USD/JPY has stuck in correction | 17 May 2016

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


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.
Vasiliy Lukin
Analista de la empresa" FreshForex
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