Correctional growth | 29 January 2016
29 January 2016, USD/JPY
The first wave of the assumed downward momentum is obviously over.
This explains a sharp growth, which probably has a corrective nature and took the form of a zigzag.
At the moment, said correction looks almost completely finished so soon we can expect resumption of drop of the pair within the frames of development of the descending impulse.
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.
