Still in flat | 30 April 2015

30 April 2015, USD/JPY

Still in flat Us Dollar/Japanese Yen pair continues to move along the boundaries of the blue alpha channel. The currency pair has been located in horizontal flat with a downward inclination for a rather long time. The market is rather obscure here. It is likely that flat will continue for the nearest time and will take place around 118.2. We will recommend to wait for a better time for trading with the pair.

Roman Petukhov
FreshForex Analyst
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