Decline will continue

10 February 2016, USD/JPY

We assume that this pair is still forming the downward momentum boosted by the wave iii.

Talking about the end of this wave is early, cause the specified wave iii looks a bit short, while the majority of the third waves are the most prolonged in the impulse structure.

Thus, in the near future we expect a continued impulse drop of the pair within the frames of the wave iii

Decline will continue

Vasiliy Lukin
FreshForex Analyst
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