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Impulse growth can start

07 July 2016, USD/JPY

A corrective decline in the form of double zigzag seems to be completely finished. At the same time, the final wave has taken the shape of the final diagonal triangle, which enhances the bullish signal. However, for a more secure entry, we should wait for the directional upward price movement, better a new local High. So far, this has not happened and we stay out of the market and wait patiently.

Impulse growth can start

Vasiliy Lukin
Analyst of «FreshForex» company
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