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Decline will continue

05 January 2016, USD/JPY

So far, this pair sticks to our scenario.

Impulse decline is here, and at the moment obviously the pair is in the wave iii of the downward momentum.

So the pair has a great potential for a further decline, and after a short rollback we should look for entry points to open short positions.

Decline will continue

So far, this pair sticks to our scenario.

Impulse decline is here, and at the moment obviously the pair is in the wave iii of the downward momentum.

So the pair has a great potential for a further decline, and after a short rollback we should look for entry points to open short positions.

Vasiliy Lukin
Analyst of «FreshForex» company
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