Decline is expected | 19 Noviembre 2015

19 Noviembre 2015, USD/JPY

This pair has updated its local High, but bulls were not allowed to move further and were sharply besieged.

It may be caused by uncompleted formation of the wave iv.

So in the future we obviously expect decline within development of the correction.

In this regard, a good point to open a Sell trade has been formed.

This pair has updated its local High, but bulls were not allowed to move further and were sharply besieged.

It may be caused by uncompleted formation of the wave iv.

So in the future we obviously expect decline within development of the correction.


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
Analista de la empresa" FreshForex
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