Impulse decline of the pair is expected | 29 Juni 2015
29 Juni 2015, USD/JPY
We assume that correction has completed its development for this pair. It took the form of planes.
Today's session opened with a downward Gap. Meanwhile, bulls failed to overlap this gap.
Therefore, the wave 3 of a descending impulse has started to shape.
If our assumption is correct, in the nearest time we expect that impulse decline of the pair would continue.
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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.
