Yen is about to show weakness again | 05 August 2015
05 August 2015, USD/JPY
This pair has suppodely continued development of correction based on formation of the wave 2 of [v].
In the future, as this wave seems not completed in full, a slight decrease in the correction is expected, whereupon the pair will apparently go up to close the upward impulse structure.
If the price moves further up without the above-mentioned rollback, you may try to open a Buy position on update of the price High.
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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.
