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A continued correction

A continued correction | 04 July 2016

04 July 2016, USD/JPY

I assume that correction in the form of a Double Zigzag has been completed for this pair. The final wave [c] of y is very similar to the final diagonal triangle, which anticipates a strong movement. However, so far this movement is not observed. So we are waiting patiently for the beginning of the movement of the price, and then will join it.

Vasiliy Lukin
FreshForex Analyst
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