Decrease seems unfinished but ... | 22 March 2016
22 March 2016, USD/JPY
After minimum renew pair starts to rise.
But decreasing movement looks like unfinished and probably this growth has correction character.
Anyway price has come nearly to placed stop-loss on three opened deals on buy. So it is possible that this deals would be closed by this orders.
In this situation I advise waiting for further price movement because if decrease impulse is finished pair could rise and it will lead to losses.
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.
