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Impulse growth can start

28 June 2016, USD/JPY

The wave scenario remains the same. Perhaps the double zigzag, formed as a correction, is over. The final wave v of [c] of y probably took the final diagonal triangle. Thus, in the near future we expect beginning of the rapid growth in the impulse form.

However, buying is not necessary, it is better to wait for the friendly upward movement and then look for an opportunity to open a position.

Impulse growth can start

Vasiliy Lukin
Analyst of «FreshForex» company
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