Descending impulse is about to start its development | 25 Mei 2015

25 Mei 2015, USD/JPY

25 May of 2015, USD/JPY

Bulls still try to prevent descending scenario and at the same time cannot cancel it.

It is quite possible that currently correction in the form of double three in the wave ii is finishing.

Update of High would cancel this plan. If the price reverses and starts an abrupt decline, we will face a continious slump with bearish impulse formed in its course.

Descending impulse is expected to start.


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
Analis perusahaan "FreshForex"