Bounce prior to a further drop | 13 January 2016
13 January 2016, USD/JPY
No significant changes.
We assume that the wave iii is being formed, which, as we noted, was apparently extended, which explains its slow pace.
In the near future we expect a small corrective upward rebound of the price followed by drop, during which the wave iii will take its final form.
No significant changes.
We assume that the wave iii is being formed, which, as we noted, was apparently extended, which explains its slow pace.
In the near future we expect a small corrective upward rebound of the price followed by drop, during which the wave iii will take its final form.
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.
