Descending impulse is expected | 06 Juli 2015
06 Juli 2015, USD/JPY
Descending impulse is expected
Nothing exceptional happened with the pair.
The pair started to limp slightly and it can turn out to be the beginning of formation of the wave 3 of a descending impulse.
So, If our assumption is correct, in the nearest time we will see renewal of impulse decline within the frames if a considered bearish scenario.
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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.
