An impulse decline of the pair is expected | 24 April 2015
24 April 2015, USD/JPY
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US dollar started to retreat though this step is rather slow now. The time has come for Japanese currency to take more decisive actions! It is possible that today we will see an abrupt impulse movement down which is associated with emergence of a descending impulse in the wave [3]. So I continue to prepare a Sell transaction. Once a local Low is broken, there will be a sense to add.
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.
