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03 July 2015, USD/JPY

Correction is still forming on this pair. .

Nevertheless, it seems quite obscure and can confuse traders

You are not recommended to trade in this situation. You may try to work with a pending Buy order having established it under the Low of the price.

Waves tend to look bearish now. If our assumption is correct, a pending Buy order will enable you to catch the wave 3 of descending impulse .


Vasiliy Lukin
FreshForex Analyst
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