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Has the price started the wave [b]?

27 October 2015, USD/JPY

The dollar was actively strengthening, but in the past few days it ran out of gas.

Bears decided to take na advantage pushing the price down a little.

It is possible that this drop is only caused by beginning of the wave [b] of (ii)of the an assumed zigzag.

So, if this assumption is correct, in the near future we can expect the price movement in the form it is shown on the chart.

 Price start forming wave [b]?

analytic
FreshForex Analyst
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