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Descending impulse is expected to evolve

28 April 2015, USD/JPY

This pair also shows no sign of serious changes. Expectations regarding development of descending impulse are preserved and that would give more strength to a further abrupt decline of the pair. Perhaps that plan will take place in the shortest time. The situation is favorable to this scenario because we expect the wave [3] of descending impulse to evolve.

Descending impulse is expected to evolve

Vasiliy Lukin
Analyst of «FreshForex» company
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