Bulls have taken an attack | 08 أغسطس 2016
08 أغسطس 2016, USD/JPY
We can deem correction in the form of a double Zigzag as finished. By the end of the final day of the last trading week, bulls intensified their actiobs, which allowed them to raise the value of the dollar against the yen dramatically. This probably was only the beginning of an emerging upward impulse.
If this assumption be true, in the near future we can expect a rapid impulse growth of the pair.
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.
