Coming down to 118.5 | 24 April 2015
24 April 2015, USD/JPY
Decline is what we see here. The pair will hit Lows.
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Us Dollar/ Yen continues to move within the blue alpha channel. Under a head of bears, the pair started to decline which is also regarded to the general weakness of the USD in all currencies. So, in the nearest time we expect drop of the pair to its previous local Low 118.5. If bears manage to overcome this level, the currency pair will face the below targets
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.
