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22 June 2016, USD/JPY

The price is still traded within the narrow flat. That is why the wave structure as well as the expectations remain the same, namely, in the near future we expected decline caused by development of the descending impulse emerging in the wave [c] of y of double zigzag. At the moment, we are talking about development of the wave iii of [c] of y. However, sell only on update of a local Low and set stop loss on a local High


Vasiliy Lukin
Analyst of «FreshForex» company
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