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Correction continues

Correction continues | 16 February 2016

16 February 2016, USD/JPY

The considered pair has apparently finished the wave i of [iii] descending impulse.

This is evidenced by a rapid growth and changed the impulse structure of the movement.

Thus, it is worth noting that iii wave in the wave i turned to be the shortest one, that is rarely allowed.

In future we may expect the price movement, which is indicated on the chart below

Correction continues

Vasiliy Lukin
FreshForex Analyst
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