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Turning to the top?

27 June 2016, USD/JPY

In terms of the wave frame, decline is likely to be caused by the final wave v of [c] of the emerging Double Zigzag. In addition, it is quite possible that this wave v took the final diagonal triangle.

Thus, in the near future, we may expect an upward reversal of the price and start of impulse growth of the pair.

In terms of the wave frame, decline is likely to be caused by the final wave v of [c] of the emerging Double Zigzag. In addition, it is quite possible that this wave v took the final diagonal triangle.

Thus, in the near future, we may expect an upward reversal of the price and start of impulse growth of the pair.

Vasiliy Lukin
Analyst of «FreshForex» company
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