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Correction is expected to develop

15 June 2015, USD/JPY

Correction is expected to develop

We suppose that correction of this pair is developing.

Following to an aprupt delcine, bulls started to be aggressive and were able to play back half of this decline.

However, this growth is very much alike zigzug.

So, if our assumption is correct, a slight growth will be replaced to renewal of impulse decline of the pair.

Vasiliy Lukin
Analyst of «FreshForex» company
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