Yen is attacking | 09 July 2015

09 July 2015, USD/JPY

Finally after long downtime periods, the pair turned to active actions.

By all appearances, descending impulse started to implement its scenario and now the wave 3 of [3] is being formed.

As the chart shows to use, it has a good potential when it comes to development of descending impulse. So, one needs to watch closer to opening short positions.

Yen is attacking


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.
Vasiliy Lukin
FreshForex Analyst
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