Upward movement has been finished | 25 أغسطس 2015
25 أغسطس 2015, USD/JPY
It is quite possible that the pair has completed formation of the final diagonal triangle, and, along with that, entire rising impulse of movement.
This possibility indicates that the pair failed to update High and crashed down!
Thus, this decline could be the wave iii of the emerging downward momentum.
If this assumption is correct, in the future we can expect continuation of the impulse decline.
.png "upward momentum is finished!")
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.
