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Has reversal already happened?!

09 June 2015, USD/JPY

As we expected one more wave formed by bulls, the pair has sharply reversed and started to get lower.

It is obvious that reversaltook place.

So, development of ascendimg impulse has been completely finished. The wave v was shaped as the finally formed diagonal triangle speaking about a soon reversal and strong movement.

Based on this testament, we can suppose that soon we will face a strong impulse decline of the pair.

Has reversal already happened?!

Nikolay Krishtopov
Analyst of «FreshForex» company
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