03 Agosto 2016, USD/JPY
The price thus made a deeper correction than we expected. However, the critical level has not been crossed yet and it gives a chance for resumption of impulse growth, in which the wave will iii of the upward impulse will be formed. Anticipating this movement, I've put a Buy pending order on the local High not to miss a strong upward movement, if it takes place, as well as to avoid damages my speculation regarding growth of the pair is erroneous.