manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

The pair is about to start a strong downward movement

13 October 2015, USD/JPY

The movement of this pair continues to lull by its boring sideway movement.

But as you know, the longer the flat is, the stronger exit is.

According to the scenario, we expected a downward exit, which is caused by formation of the wave [v] of a supposedly formed wedge.

Thus, it remains only to wait until the aspiration for the movement becomes strong enough.

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .