We are expecting a continued decrease | 12 February 2016
12 February 2016, USD/JPY
There are no prerequisites for correction pullback.
Incipient wave iii is going to further lengthen.
That is why we could make decision that the pair is going to further decrease which is figured on chart.
But sell on this level is not attractive. It is better to wait for possibility of buying on correction movement.
There are no prerequisites for correction pullback.
Incipient wave iii is going to further lengthen.
That is why we could make decision that the pair is going to further decrease which is figured on chart.
But sell on this level is not attractive. It is better to wait for possibility of buying on correction movement.
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.
