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Impulse decline

18 December 2015, USD/JPY

So far, this pair sticks to the plan.

Although a corrective growth took more time than we expected, general expectations were met.

We assume that development of the wave ii of the emerging downward momentum is over.

This is indirectly pointed by the price, which started looking down.

Now we obviously expect resumption of the impulse decline of the pair within the borders of the wave iii.

Sales look very attractive

Impulse decline

Vasiliy Lukin
Analyst of «FreshForex» company
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