Correction continues to develop as zigzag | 19 Februari 2016

19 Februari 2016, USD/JPY

So far, things are going very well for this pair.

Perhaps at the moment we witness formation of Zigzag in which the subwave b is developing. In the near future decline will obviously continue, then we can expect that growth within a mentioned corrective model will be finally formed.

However, trade is currently under question, I would not recommend cause correction can spring surprizes.

Correction continues to develop as zigzag


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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