The wave iii of the upward momentum is expected | 27 Juli 2016
27 Juli 2016, USD/JPY
The wave ii took the form of a simple Zigzag, and completed its development during the yesterday's trading session. Immediately after the completion of zigzag, the pair has started an abrupt growth. So, probably, formation of the wave iii has started. For this reason, I'be opened a Buy trade. There is a good potential for upward price movement, so you should look at buying options.
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.
