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Expectations of impulse growth remain here

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
Analyst of «FreshForex» company
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