We still expect impulse decline | 02 June 2015
02 June 2015, USD/JPY
We still expect impulse decline
Bulls continue to put spokes in wheel of bears fiercly.
Yesterday a new price High was updated.
It is quite probable that this growth led to formation of a new ascending impulse.
So, it can turn out that development of ascending impulse is over at this point and in the nearest time we will face reversal and impulse decline.
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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
