Impulse growth is expected | 28 July 2015

28 July 2015, USD/JPY

Formation of a correctional wave 2 of [5] belonging to the emerging end of the diagonal triangle has supposedly completed in the considered pair.

The price is ready to continue its final upward movement, thus completing the specified wave model. < p> So, if this assumption is correct, in the future we can expect growth of the pair associated with the development of wave 3 of [5].

Impulse growth is expected


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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