Still hanging in the fourth wave? | 27 January 2016
27 January 2016, USD/JPY
Having demonstrated a good movement, the pair has calmed down in the flat.
It is caused by development of the wave of iv downward momentum.
If this assumption is correct, in the near future we can expect continuation in a certain flat movement.
In current situation it is better refrain from trading, because there is no determined movement.
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.
