The pair is expected to decline | 22 اكتوبر 2015
22 اكتوبر 2015, USD/JPY
The US dollar with the yen also could not surprise us by anything, continuing a slow ascent to some unidentified top.
So far, this growth has not led to cancelletion of the considered scenario, so we still expect decline of the pair within the borders of wave v on the end of the diagonal triangle.
Although we do not exclude option, in which the price sharply goes up prior to strong decline, indicating that it intends to form an upward momentum, and then suddenly would fall updating lows.
So you should be very careful with this pair.
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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.
