Expect for the correction development will continue | 14 August 2015

14 August 2015, USD/JPY

Expect for the correction development will continue.

The pair stays the same here, it keeps trading in the correction.

To finish the correctional model it is not enough to have the finished wave down.

So, in the nearest time we shall expect for the impulse decline of the pair, during this the supposed wave 2 will be formed.

Then the pair is expected to proceed the growth.

Expect for the continuation of the correction development.

Vasiliy Lukin
FreshForex Analyst
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