manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

The wave 5 of wedge is expected to develop

15 July 2015, USD/JPY

Growth of this pair has slowed down and the price made some way to drop..

But it was replaced with a growth. However, this movement was not able to reach its previous Highs.

Perhaps, formation of the wave 4 of a supposed wedge is over.

If our assumption is correct, we will witness decline associated with development of the wave 5.

The wave 5 of wedge is expected to develop

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .