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Expecting a pullback down

07 August 2015, USD/JPY

a global correction of the US dollar is coming, in the sense that the US currency strengthened against the most currency is readyfor at least a rollback.

Obviously, yen does not stand aside from this, it had been suffering for 4 years.

But while the goal is not as ambitious, it is only a small correction due to the development of wave 2.

So if this assumption is true, we have to expect in the future a decrease in the development of correction.

Expecting a pullback down

Vasiliy Lukin
Analyst of «FreshForex» company
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