The wedge is still here | 20 July 2015
20 July 2015, USD/JPY
The price has reached its High – at least, so far it looks this way.
This conclusion is made, because the price has almost suck and does not have potential to move further. But this potential is enough to hold the price on the reached level.
In general, it would rather go down, if there is no new fuel.
So, the wedge still has chances and we expect to get proof of that.
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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.
