Still in flat | 30 April 2015
30 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 currency pair has been located in horizontal flat with a downward inclination for a rather long time. The market is rather obscure here. It is likely that flat will continue for the nearest time and will take place around 118.2. We will recommend to wait for a better time for trading with 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.
