Decline is still expected | 29 April 2015

29 April 2015, USD/JPY

The pair has reached support level and still sticks to this line. It is obvious that it does not have enough potential to move further.

Meanwhile everything looks like in the nearest time it will be pushed to drop further. This decline will be associated with development of the wave [3] of the emerging descending impulse.

We are still keeping the opened trade!

Decline is still expected


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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