The new rising scenario | 17 نوفمبر 2015
17 نوفمبر 2015, USD/JPY
In recent time, the yen has been doing nothing except losing its positions, with occasional retreats, but no more than that.
Probably now we can expect development of the next impulse upward movement.
It is possible than by now formation of the wave iv of [iii] the upward momentum is over.
So, if this assumption is correct, in the near future we can expect growth within the borders of the wave v of [iii].
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.
