20 Abril 2016, USD/JPY
The pair sticks to our wave scenario.
We assume that development of the descending impulse is over and currently observed growth of the pair is the start of a new wave frame.
So far, growth of the pair is seen as a rising impulse, which now completes formation of the first wave.
If this assumption is correct, in the future, after a brief and minor corrective decline, we expect a rapid impulse growth. < / p>
We can try to buy now by putting stop loss better on the Low