SIGNAL REMINDER – USD/JPY SHORT
Today, CAs would like to remind of the analysis on the USD/JPY price drop from 20/12/15. The market continues to move and maintains a net downward trend. The current reflection from the upper resistance limit is a technically strong impulse for further decline. But even the fundamental situation is favorable for a further decline in the price of the US dollar, which is beautifully illustrated by the value of the Dollar Index. The published analysis is still valid and provides additional opportunities for use.
ORIGINAL TEXT: USD / JPY Short. The US dollar versus the Japanese yen is moving in a beautiful downward trend with minimal false breaks. The current price is in free fall, which makes it an interesting input value. The potential of the trend is over 30% of the investment. The analysis expects performance by the end of this week.
Chart source: WebTrader