We wait the pair on the point of 118.4 | 27 April 2015
27 April 2015, USD/JPY
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Us Dollar/Japanese Yen pair continues to move along the boundaries of the blue alpha channel. The price has been located in flat for quite a durable period which makes quite a difficult segment for trading this pair. However, positions with short targets are quite possible. In this situation, we expect decline of the quote to the level of its previous Low 118.4. Therefore, short-terms sales to this target are possible.
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.
