Decline is expected | 19 November 2015

19 November 2015, USD/JPY

This pair has updated its local High, but bulls were not allowed to move further and were sharply besieged.

It may be caused by uncompleted formation of the wave iv.

So in the future we obviously expect decline within development of the correction.

In this regard, a good point to open a Sell trade has been formed.

This pair has updated its local High, but bulls were not allowed to move further and were sharply besieged.

It may be caused by uncompleted formation of the wave iv.

So in the future we obviously expect decline within development of the correction.

Vasiliy Lukin
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus