Waiting the pair near the point 118.4 | 28 April 2015
28 April 2015, USD/JPY
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Us Dollar/Japanese Yen pair continues to move along the boundaries of the blue alpha channel. As we expected earlier, this currency pair continues to get down to its previous Low. Volatility of the pair is slight, but potential for decline is notable. We wait when bears will gain their momentum to reach 118.4. There is a potential for short sales as you approach this level. For long-term positions, wait a better time to open trades 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.
