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One more wave of sales is coming

One more wave of sales is coming | 26 June 2015

26 June 2015, USD/JPY

One more wave of sales is coming

We suppose that correction represented by the wave 2 has ended.

This wave is given as planes and now looks as fully formed.

Besides, bears try to move the market down but fail. However, they can accelerate their efforts.

So it is quite probable that currently the wave 3 of descending impulse movement is coming.

One more wave of sales is coming.

Vasiliy Lukin
FreshForex Analyst
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