Expectations of impulse growth remain here | 01 Juli 2016

01 Juli 2016, USD/JPY

So, I remind you that the pair appears to have completed correction in the form of a Double Zigzag, and the wave v has probably taken the final diagonal triangle shape. Thus, the mentioned model anticipates a fast swift U-turn and an abrupt impulse upward movement of the price, which, however, is not observed.Expectations of impulse growth remain here

So, I remind you that the pair appears to have completed correction in the form of a Double Zigzag, and the wave v has probably taken the final diagonal triangle shape. Thus, the mentioned model anticipates a fast swift U-turn and an abrupt impulse upward movement of the price, which, however, is not observed.

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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