Perhaps the beginning of an extended flat | 25 April 2016

25 April 2016, USD/JPY

US dollar continued to strengthen, the Yen did not object.

But by the end of the day of the last trading week bears could shift the price down.

The respond of bulls is likely to bring the correction to life, which may be extended.

This correction must clarify the situation. Therefore, trading is still not recommended. We need a hint at future plans of the price movement.


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
Analis perusahaan "FreshForex"
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