We can consider sales to 118.4 in short run | 29 April 2015

29 April 2015, USD/JPY

We can consider sales to 118.4 in short run Us Dollar/Japanese Yen pair continues to move along the boundaries of the blue alpha channel. The pair has stuck on the same level and its volatility dropped a lot. We would like to note that horizontal flat is the general mode of the pair in this specific area. So, we are looking for a new impulse for this pair as important news will be released. Now information will set the direction for the 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.
Roman Petukhov
FreshForex Analyst
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