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Double Zigzag continues its formation

20 June 2016, USD/JPY

In the near future, we obviously waiting for continuation of decline of the pair within the borders of the wave y of the emerging double zigzag.

Thus, opening short positions is still a relevant trading solution, but don't forget about protective stop loss orders.

Double Zigzag continues its formation

In the near future, we obviously waiting for continuation of decline of the pair within the borders of the wave y of the emerging double zigzag.

Thus, opening short positions is still a relevant trading solution, but don't forget about protective stop loss orders.

Vasiliy Lukin
Analyst of «FreshForex» company
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