We expect the wave iv to evolve
18 November 2015, USD/JPY
This pair follows our updated scenario.
Bulls counterattacked, which led to resumption of the upward momentum.
However, after reaching a local High, the price stopped. Perhaps, in the near future we'll see decline of the pair caused by a continued formation of the correctional wave iv.
Thus, in the near future we expected a continued development of correction within the above-mentioned formation of the correctional wave.
Vasiliy LukinAnalyst of «FreshForex» company
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us