Correction continues | 16 فبراير 2016

16 فبراير 2016, USD/JPY

The considered pair has apparently finished the wave i of [iii] descending impulse.

This is evidenced by a rapid growth and changed the impulse structure of the movement.

Thus, it is worth noting that iii wave in the wave i turned to be the shortest one, that is rarely allowed.

In future we may expect the price movement, which is indicated on the chart below

Correction continues


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.
Vasiliy Lukin
محلل شركة FreshForex
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