Turning to the top? | 27 Juni 2016

27 Juni 2016, USD/JPY

In terms of the wave frame, decline is likely to be caused by the final wave v of [c] of the emerging Double Zigzag. In addition, it is quite possible that this wave v took the final diagonal triangle.

Thus, in the near future, we may expect an upward reversal of the price and start of impulse growth of the pair.

In terms of the wave frame, decline is likely to be caused by the final wave v of [c] of the emerging Double Zigzag. In addition, it is quite possible that this wave v took the final diagonal triangle.

Thus, in the near future, we may expect an upward reversal of the price and start of impulse growth of the pair.


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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