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Wave 2 is expected to develop

17 June 2015, USD/JPY

No significant changes took place here as well.

The price was not confident enough to move in a certain direction.

So, upward movement within the frames of a correctional wave was postponed.

Probably, growth expects us soon and we can earn on this movement, but need to note that it will be a short-term trade, because in general situation looks bearish.

Wave 2 is expected to develop.

Vasiliy Lukin
FreshForex Analyst
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