Descending impulse is expected | 06 July 2015

06 July 2015, USD/JPY

Descending impulse is expected

Nothing exceptional happened with the pair.

The pair started to limp slightly and it can turn out to be the beginning of formation of the wave 3 of a descending impulse.

So, If our assumption is correct, in the nearest time we will see renewal of impulse decline within the frames if a considered bearish scenario.

Descending impulse is expected .

Vasiliy Lukin
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus