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Yen is attacking

09 July 2015, USD/JPY

Finally after long downtime periods, the pair turned to active actions.

By all appearances, descending impulse started to implement its scenario and now the wave 3 of [3] is being formed.

As the chart shows to use, it has a good potential when it comes to development of descending impulse. So, one needs to watch closer to opening short positions.

Yen is attacking

Vasiliy Lukin
FreshForex Analyst
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