Zigzug continues to develop | 16 June 2015
16 June 2015, USD/JPY
We assume that this pair is getting prepared for a durable impulse decline.
Start has been already marked, but bulls can claim for correction which we are witnessing now.
Correction is supposedly taking shape of a simle signal and in this case it lacks just one wave.
So, if it correct, a slight growth will be followed by 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.
