Correction is expected to develop | 15 June 2015
15 June 2015, USD/JPY
Correction is expected to develop
We suppose that correction of this pair is developing.
Following to an aprupt delcine, bulls started to be aggressive and were able to play back half of this decline.
However, this growth is very much alike zigzug.
So, if our assumption is correct, a slight growth will be replaced to renewal of impulse decline 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.
