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Expectations remain the same

12 November 2015, USD/JPY

As for this pair, we still expect its reversal and movement down.

While the last trading day shows that this Zigzag can easily turn into momentum, and currently observed sluggish decline was the fourth correctional wave before the final move to the top.

So far, this has not happened and expectations remain the same.

My opened trades moved to breakeven, so we have nothing to be afraid of and have to wait for further developments of the scenario.

Expectations remain the same

Vasiliy Lukin
FreshForex Analyst
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