Drop | 30 December 2015

30 December 2015, USD/JPY

The Yen continues to hold its positions not giving bulls to use at least a chance, slowly squeezing the price lower.

It is possible that the prospective wave iii is currently preparing for extension.

So, if this assumption is correct, in the near future we can expect a rapid and sustained impulse decline of the pair within the given scenario

Drop

Vasiliy Lukin
FreshForex Analyst
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