Impulse decline of the pair is expected | 27 أبريل 2015
27 أبريل 2015, USD/JPY
.png "Impulse decline of the pair is expected")
So, we have got ascending impulse scenario for both euro/usd and pound /usd. It means that you need to look for opportunities to Open long on these pairs. Over the last time, all currency pairs signalize about a coming decline of the US currency. This pair is not an exception. We expect that descending impulse will evolve which had supposedly formed the waves [1] and [2], and at present moment the wave [3] is developing. So, if the above-mentioned assumption is correct, we expect an abrupt impulse decline of the pair which is associated with development of the specified wave [3].
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.
