Decline will continue | 05 Agustus 2016
05 Agustus 2016, USD/JPY
Currently the pair is within the flat correction, from where it is likely to move down. It seems that the impulse inside the wave has not been formed yet. So, in the near future we expect obvious decline to the critical level, at which it is expected to reverse and start impulse growth of the pair.
Currently the pair is within the flat correction, from where it is likely to move down. It seems that the impulse inside the wave has not been formed yet. So, in the near future we expect obvious decline to the critical level, at which it is expected to reverse and start 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.
