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

Impulse decline is about to be postponed

21 July 2015, USD/JPY

Nevertheless, buyers managed to push the price above a critical level. That cancelled wedge scenario.

Decline had a correctional character and though it was shaped as a double zigzug, this wave is [4] in the emerging wedge.

Further we expect continuation of growth, which will form the wave [5] of v. After that, the impulse, which had been formed within 4 years, will be over and correction will start.

Impulse decline is about to be postponed.

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 .