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Yen is about to show weakness again

05 August 2015, USD/JPY

This pair has suppodely continued development of correction based on formation of the wave 2 of [v].

In the future, as this wave seems not completed in full, a slight decrease in the correction is expected, whereupon the pair will apparently go up to close the upward impulse structure.

If the price moves further up without the above-mentioned rollback, you may try to open a Buy position on update of the price High.

Yen shows weakness again.

Vasiliy Lukin
Analyst of «FreshForex» company
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