Double zigzag is still developing | 17 June 2016

17 June 2016, USD/JPY

The price is slowly slipping down within the framework of the wave [c] of y.

It is difficult to say how long the specified wave model will continue to form. Therefore, the situation is either to sell or stay out of the market until the wave frame will be clarified.

Double zigzag is still developing

The price is slowly slipping down within the framework of the wave [c] of y.

It is difficult to say how long the specified wave model will continue to form. Therefore, the situation is either to sell or stay out of the market until the wave frame will be clarified.


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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