Log in

The pair is expected to decline

06 August 2015, USD/JPY

The pair is expected to decline

Though US Dollar failed to update the local High, it looks like an ugly wave structure.

Perhaps this move is correctional in nature.

If this is the case, saying that the wave 2 has been completed, was a premature conslution.

Another bearish wave lacks here, which development in the near future and is expected.

 expected decrease in pair. The pair is expected to decline

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.