It is time for a small correction
04 February 2016, USD/JPY
Expectations of correction were not justified.
Sellers did not shelve the business and attacked their opponents.
As a result, a strong impulse decline took place which is linked to development of the wave i of [iii].
Thus, in the near future, we expect a corrective pullback, although the wave [ii] can take a more complex shape than single zigzag
Vasiliy LukinAnalyst of «FreshForex» company
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