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Correctional wave 2 of [v] is expected to continue its development

24 July 2015, USD/JPY

The wave 1 of [v] of an ascending impulsehas supposedly finished its development, followed by a decline, which is still relevant for this pair.

Specified correction is being formed within the frames of development of the wave 2, which by now looks incomplete

So, in the nearest time correctional wave 2 of [v] is expected to continue its development, whereupon growth of the pair will continue in the impulse form.

Correctional wave 2 of [v] is expected to continue its development.

Vasiliy Lukin
FreshForex Analyst
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