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Expectations of growth remain

08 September 2015, USD/JPY

In this pair until everything is as smooth as we expected.

Barely having begin to grow, the pair lacked strength, which resulted in a slow sliding movement.

If bulls do not take any decisive action, we are to expect a further continuation of decline of the pair, to the extent that the price will begin to storm the local Low.

In the meantime, as long as it does not happen, there is a good chance to implement scenario shown on the chart.

Expectations of growth remain

Vasiliy Lukin
FreshForex Analyst
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