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    USD/JPY: wave analysis on 13.10.2015

    A fall is expected.

    Assumingly, the formation of a triangle within wave b of A of (4) of a supposed zigzag has finished. Locally, the development of wave c of A has started, within which a starting impetus (i) and a correction shaped as irregular (ii) formed. If the assumption is correct and the price does not break out the critical level at 120.35, the pair is going to fall to 117.00 within the third wave (iii) of c of A.

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