Down to the correction! | 12 August 2015

12 August 2015, USD/JPY

Down to the correction!

The Dollar is continuing its growth not letting yen any chances to make a pullback.

However we observe the growth which does not seem impulse as a small move up is changed by same pullbacks down.

Due to it, in the nearest time fast decline is probable when the full wave two will be formed.

Down to the correction!

So, we can say that the pair is down to the correction.


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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