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Correction continues to develop as zigzag

Correction continues to develop as zigzag | 19 February 2016

19 February 2016, USD/JPY

So far, things are going very well for this pair.

Perhaps at the moment we witness formation of Zigzag in which the subwave b is developing. In the near future decline will obviously continue, then we can expect that growth within a mentioned corrective model will be finally formed.

However, trade is currently under question, I would not recommend cause correction can spring surprizes.

Correction continues to develop as zigzag

Vasiliy Lukin
FreshForex Analyst
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