Expectations of impulse growth remain here | 01 July 2016

01 July 2016, USD/JPY

So, I remind you that the pair appears to have completed correction in the form of a Double Zigzag, and the wave v has probably taken the final diagonal triangle shape. Thus, the mentioned model anticipates a fast swift U-turn and an abrupt impulse upward movement of the price, which, however, is not observed.Expectations of impulse growth remain here

So, I remind you that the pair appears to have completed correction in the form of a Double Zigzag, and the wave v has probably taken the final diagonal triangle shape. Thus, the mentioned model anticipates a fast swift U-turn and an abrupt impulse upward movement of the price, which, however, is not observed.
Vasiliy Lukin
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .