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Bears are gathering pace

Bears are gathering pace | 15 October 2015

15 October 2015, USD/JPY

Sellers continue to confidently control the price by gradually forcing it down more and more.

However, to be 100% sure in decline of the pair, we lack impulse acceleration.

It is possible that it happens today, and then the pair will get down even lower, at the same time forming the wave [v].

Thus, bearish scenario continues its active implementation.

The bears are gaining speed.

Vasiliy Lukin
FreshForex Analyst
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