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Zigzag is almost ready

01 February 2016, USD/JPY

There is allegedly a continued development of a zigzag in this pair, which is formed as a [ii] wave. To form this wave the price is needed a little growth, which forms a [ii] wave. That’s why in near future, there will appear a little growth, after which the pair goes downwards again in the framework of this downward momentum.

Zigzag is almost ready

Vasiliy Lukin
Analyst of «FreshForex» company
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