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Zigzug continues to develop

16 June 2015, USD/JPY

We assume that this pair is getting prepared for a durable impulse decline.

Start has been already marked, but bulls can claim for correction which we are witnessing now.

Correction is supposedly taking shape of a simle signal and in this case it lacks just one wave.

So, if it correct, a slight growth will be followed by impulse decline of the pair.

Zigzug continues to develop.

Vasiliy Lukin
FreshForex Analyst
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