The Yen is ready for even better actions | 11 Februari 2016
11 Februari 2016, USD/JPY
The Japanese seems to enjoy uts strengthening against the US dollar.
We see no chances for correction, although it seems that such a smooth movement implies it after all. We assume the extension in the wave iii of the downward momentum. In this case, in the near future we can expect a continued drop of the pair within the downward 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.
