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Reversal has taken place

Reversal has taken place | 12 July 2016

12 July 2016, USD/JPY

The considered upward scenario began to be implemented. We assumme that during yesterday's trading session, the first wave of the emerging upward impulse was formed.Thus, in a short time we can get ready to buying, it is better to wait for a corrective rollback, then we can wait for better prices.

The considered upward scenario began to be implemented. We assumme that during yesterday's trading session, the first wave of the emerging upward impulse was formed.Thus, in a short time we can get ready to buying, it is better to wait for a corrective rollback, then we can wait for better prices.

The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Vasiliy Lukin
FreshForex Analyst
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