Decline of the pair is expected | 12 اكتوبر 2015
12 اكتوبر 2015, USD/JPY
This pair continues to develop within the frames of flat.
Formation of a horizontal triangle represented by the wave [iv] looks completely finished, but the price is not in a hurry to go down to develop the final wave [v].
However, in general, everything looks so that in the future we can expect drop, which will form the final wave of the considered downward momentum.
Based this, I still keep my trade opened.
.png "pair is expected to decline.")
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.
