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Correction continues its formation

18 August 2015, USD/JPY

Correction continues its formation

This pair apparently continues development of correction associated with formation of the wave 2.

Until this wave has not finished its formation, because it requires at least one more bearish wave.

Thus, in the near future we expect a sharp declinem which it will finally bring the wave 2 of [5].

 Correction continues its formation

Vasiliy Lukin
Analyst of «FreshForex» company
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