Correction continues to develop as zigzag | 19 February 2016
19 February 2016, USD/JPY
So far, things are going very well for this pair.
Perhaps at the moment we witness formation of Zigzag in which the subwave b is developing. In the near future decline will obviously continue, then we can expect that growth within a mentioned corrective model will be finally formed.
However, trade is currently under question, I would not recommend cause correction can spring surprizes.
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.
