Growth in the form of zigzag has begun | 25 February 2016

25 February 2016, USD/JPY

The last trading session was driven by bears again - they managed to push the price to its Low.

Probably, at this point potential of sellers has exhausted because this move was followed by a sharp surge, which was expected for so long. < p> Obviously zigzag has formed the final wave

Thus, in the near future we expected surge of the price within this model

Growth in the form of zigzag has begun


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.
Vasiliy Lukin
FreshForex Analyst
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