Correctional wave 2 of [v] is expected to continue its development | 24 Juli 2015

24 Juli 2015, USD/JPY

The wave 1 of [v] of an ascending impulsehas supposedly finished its development, followed by a decline, which is still relevant for this pair.

Specified correction is being formed within the frames of development of the wave 2, which by now looks incomplete

So, in the nearest time correctional wave 2 of [v] is expected to continue its development, whereupon growth of the pair will continue in the impulse form.

Correctional wave 2 of [v] is expected to continue its development.


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"
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