Expecting a pullback down | 07 August 2015

07 August 2015, USD/JPY

a global correction of the US dollar is coming, in the sense that the US currency strengthened against the most currency is readyfor at least a rollback.

Obviously, yen does not stand aside from this, it had been suffering for 4 years.

But while the goal is not as ambitious, it is only a small correction due to the development of wave 2.

So if this assumption is true, we have to expect in the future a decrease in the development of correction.

Expecting a pullback down


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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