Decline will continue | 10 Febrero 2016

10 Febrero 2016, USD/JPY

We assume that this pair is still forming the downward momentum boosted by the wave iii.

Talking about the end of this wave is early, cause the specified wave iii looks a bit short, while the majority of the third waves are the most prolonged in the impulse structure.

Thus, in the near future we expect a continued impulse drop of the pair within the frames of the wave iii

Decline will continue


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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