LiteForex - Analytics

LiteForex

716.75 8.25/10
77% of positive reviews
Real

USD/JPY: wave analysis on 22.05.2015

Supposedly, the first counter-trend wave i of 5 has formed within the fifth wave of senior level. Apparently, a descending correction in a form of wave ii is developing locally. If the presumption is correct, after correction, the pair will continue to rise to the levels 122.00–123.00. The level of 118.84 is critical in this scenario as the breakout will enable the pair to continue declining to the levels 118.00–117.00.

read more >>


To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree