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Corrective growth

25 March 2016, USD/JPY

Each new trading day confirms assumption that the downside momentum has been fully formed.

The wave [v] was very short, and the wave [i] is the longest.

A slight growth was boosted by development of the first wave of the emerging upward movement, we assume that this is a correction model. < p> Buy at the moment it is better to wait for the correctional drop and then look for an opportunity to open a buy position

Vasiliy Lukin
FreshForex Analyst
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