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Decline is expected

10 August 2015, USD/JPY

Decline is expected now.

In this pair correction development is probably continued due to the wave formation 2.

For the full development of the correctional wave it is needed to have one more bearish wave.

In that way, if this supposition is true, soon we will have a reduction of the pair in the development of this correction.

Decline is expected.

Vasiliy Lukin
Analyst of «FreshForex» company
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