Yen is undertaking a task | 24 November 2015
24 November 2015, USD/JPY
Recent events around currency pairs gave a good clue for the future of the Yen.
The Japanese had been giving its positions for a protracted period of time, but it suddenly began to resist the US dollar, and all this happened when the US currency was consplidating against most other currencies.
From this we can assume that in the future we may expect continuation of decline of the pair which began timidly.
I added one more Sell trade to the one open earlier and now I have to wait for further developments.
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.
