manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
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
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.