Has reversal already happened?! | 09 June 2015
09 June 2015, USD/JPY
As we expected one more wave formed by bulls, the pair has sharply reversed and started to get lower.
It is obvious that reversaltook place.
So, development of ascendimg impulse has been completely finished. The wave v was shaped as the finally formed diagonal triangle speaking about a soon reversal and strong movement.
Based on this testament, we can suppose that soon we will face a strong impulse decline of the pair.
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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.
