Decline will continue | 10 Februari 2016
10 Februari 2016, USD/JPY
We assume that this pair is still forming the downward momentum boosted by the wave iii.
Talking about the end of this wave is early, cause the specified wave iii looks a bit short, while the majority of the third waves are the most prolonged in the impulse structure.
Thus, in the near future we expect a continued impulse drop of the pair within the frames of the wave iii
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.
