The wave 5 of wedge is expected to develop | 15 Juli 2015
15 Juli 2015, USD/JPY
Growth of this pair has slowed down and the price made some way to drop..
But it was replaced with a growth. However, this movement was not able to reach its previous Highs.
Perhaps, formation of the wave 4 of a supposed wedge is over.
If our assumption is correct, we will witness decline associated with development of the wave 5.
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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.
