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Decline will continue

11 December 2015, USD/JPY

This pair also sticks our wave scenario.

We assumed that by now formation of the fourth corrective wave in the wave iii is over.

Thus, the pair apparently will continue to decline which is caused by the wave iii of the downward momentum.

Therefore, I opened another Sell trade.

Decline will continue

This pair also sticks our wave scenario.

We assumed that by now formation of the fourth corrective wave in the wave iii is over.

Thus, the pair apparently will continue to decline which is caused by the wave iii of the downward momentum.

Therefore, I opened another Sell trade.

Vasiliy Lukin
FreshForex Analyst
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