Ascending movement is expected | 23 April 2015
23 April 2015, USD/JPY
We recommend to consider Long positions on this pair
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Us Dollar/ Yen continues to move along the boundaries of red alpha channel. After price has reached its previous local Low, we saw its new reversal and upward movement. At present, we expect the pair to go up to resistance level. Ascending target is located on the bottom boundary of red alpha channel. We recommend to consider Long positions on this pair.
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.
