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Correctional growth

08 February 2016, USD/JPY

Avalanche of sales began and having reaching the Low, it ceased.

The price has formed a very good point to start a corrective growth, which supposedly begins its development.

For this reason I opened a Buy trade, with a small Stop Loss as compared to a possible profit .

Thus we expect a correctional growth of the pair caused by development of the wave ii

Correctional growth

Vasiliy Lukin
Analyst of «FreshForex» company
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