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USD/JPY: wave analysis on 15.06.2015

A bullish impetus within a fifth wave has finished forming. Apparently, locally has formed a counter-trend impetus as the first wave of junior level (i) and a bullish correction of junior level is developing within the second wave. If this assumption is correct and the price does not break the critical level 125.87, it's logical to expect the pair to continue declining to the levels of 120.00–119.00 upon completion of correction. 

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