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Ascending impulse is over

29 May 2015, USD/JPY

Ascending impulse is over

We may talk about completion of an ascending impulse on this pair with full confidence.

As we expected, the wave v took the form of the end diagonal which speaks about a cming reversal with a good potential.

So, if the above assumption is correct, soon we will face a ratger strong and durable descend of the pair.

Ascending impulse is over

Vasiliy Lukin
Analyst of «FreshForex» company
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