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We still rely on bears

21 May 2015, USD/JPY

May 21 of 2015, USD/JPY

The pair is still staggering in the flat.

Though the present picture points out a probable development of downward impulse movement.

It is quite probable that in the course of yesterday's trading, the wave [y] of ii.

So, in the nearest time we expect impulse decline of the pair associated with development of the wave iii.

Вера в медведей сохраняется.

Vasiliy Lukin
Analyst of «FreshForex» company
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