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The pair is expected to decline within the frames of the wave [v]

The pair is expected to decline within the frames of the wave [v] | 24 September 2015

24 September 2015, USD/JPY

This pair continues to form horizontal triangle as the wave [iv].

It should be noted that formation of the above-mentioned correctional model is close to the end, so you should be careful when trading within the triangle. < p> Anticipating resumption of decline of the pair within development of the wave [v], I opened a Sell trade with the target 116.00

expected decrease in pair within the limits of wave [v].

Vasiliy Lukin
FreshForex Analyst
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