15 August 2016, USD/JPY
Dollar still can not find the approach to the Japanese currency, which successfully fights buyers' attacks. But sellers do not go further and are limited to only defensive actions. Expectations of growth are maintained. Perhaps the last price fluctuations are the waves 1 and 2 of the emerging upward impulse in the wave iii.
If this assumption is correct, in the near future we expect rapid impulse growth of the pair caused by formation of the wave 3 of iii.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us