Bears are gathering pace | 15 October 2015
15 October 2015, USD/JPY
Sellers continue to confidently control the price by gradually forcing it down more and more.
However, to be 100% sure in decline of the pair, we lack impulse acceleration.
It is possible that it happens today, and then the pair will get down even lower, at the same time forming the wave [v].
Thus, bearish scenario continues its active implementation.
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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.
