Goal of correction has been almost reached | 20 November 2015

20 November 2015, USD/JPY

Goal of assumed correction has been almost reached

I transferred my opened trade to the breakeven status, so will not close it, because the price can go even lower.

In this situation, opening trades is very dangerous, so the best way is to observe the situation from the outside.

In the future, we expect continuation of a short decline, then the pair will apparently resume its growth.


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.
Vasiliy Lukin
FreshForex Analyst
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