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Wait for the decline again

Wait for the decline again | 02 February 2016

02 February 2016, USD/JPY

We are waiting for the decline again! Probably, the pair yen/dollar had a finished formed zig-zag, that was formed as the wave [ii]. The started decline is obviously the iii wave of the downward impulse. Thus, in the nearest time we should wait for the continued impulse decline under the development of the downward scenario.

Wait for the decline again

Vasiliy Lukin
FreshForex Analyst
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