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We are expecting development of third impulse wave

29 February 2016, USD/JPY

Pair is moving in limits of main possibility

Pair has growing in limits of development ii wave, zigzag is formed as ii wave.

Price hasn’t archive local maximum and renew decreasing which can transform into strong decrease impulse.

So it could be time for active selling.

We are expecting development of third impulse wave

Pair is moving in limits of main possibility

Pair has growing in limits of development ii wave, zigzag is formed as ii wave.

Price hasn’t archive local maximum and renew decreasing which can transform into strong decrease impulse.

So it could be time for active selling.

Vasiliy Lukin
Analyst of «FreshForex» company
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