The yen has a possibility to be active

10 November 2015, USD/JPY

The yen has a possibility to be active. The currency pair USD/JPY has reached its target in correctional upward movement. Thus, the zigzag, formed as the wave (ii), looks like fully formed. So, we wait for the reverse and the beginning of the impulse decline, when the wave (iii) will be developed, downward impulse movement.

Vasiliy Lukin
FreshForex Analyst
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