18 August 2016, USD/JPY
Sellers struggled to squeeze the price as low as possible but consolidation below 100.00 has failed. Buyers can take avail from hesitation of the price to start moving it upward, thereby developing the wedge, or to be precise, its third wave. However, entering is risky now, and it is better to wait when the price starts to move along a certain way.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us