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    USD/JPY: wave analysis on 07.10.2015

    A fall is expected.

    Assumingly, the formation of a triangle within wave b of A of (4) of a supposed zigzag has finished. Locally, a development of wave c of A seems to have started, within which a starting impulse (i) and a correction in the shape of an irregular (ii) formed. Is the assumption is correct and the price does not break out the critical level at 120.60, the pair falls to 115.00.


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