The pair is expected to decline | 06 August 2015
06 August 2015, USD/JPY
The pair is expected to decline
Though US Dollar failed to update the local High, it looks like an ugly wave structure.
Perhaps this move is correctional in nature.
If this is the case, saying that the wave 2 has been completed, was a premature conslution.
Another bearish wave lacks here, which development in the near future and is expected.
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The pair is expected to decline
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.
