Impulse decline will continue | 06 January 2016

06 January 2016, USD/JPY

This pair continues development of the descending impulse, in which at the moment the wave iii is apparently being formed.

This wave still looks far from being completed, so in the future there will be a good potential for a further impulse decline of the price.

So, if this assumption is correct, in the future we expect continuation of the downward impulse wave iii.

Impulse decline will continue

Vasiliy Lukin
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus