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Perhaps, beginning of the impulse decline

Perhaps, beginning of the impulse decline | 02 December 2015

02 December 2015, USD/JPY

So far, the considered pair show no significant changes.

The pair failed to continue upward movement, having started to look in a downward direction again.

It is possible that we witness emergence of the wave iii of the downward momentum, and if so, we should not miss the opportunity not to capitalize on this movement, the more that there is a good point to set Stop Loss.

Thus, in the near future we expect impulse drop of the pair to develop, in which the wave will iii will have been formed.

Perhaps, beginning of the impulse decline

Vasiliy Lukin
FreshForex Analyst
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