LiteForex - Analytics

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    USD/JPY: wave analysis on 01.05.2015

    Apparently, a zigzag within the fourth wave (4) continues to form. Apparently, a local correction within wave (ii) has continued, taking a shape of the abc plane. If the presumption is correct, it's logical to expect the correction to finish soon and then the pair will continue to drop to the levels 117.70-116.80. 

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