Wave analysis – A continued growth

USDJPY – DownBuyers is controlling situation with USDJPY currency pair and everything goes as we have expected. Yesterday situation confirmed that pair has been rising and locked all tries of sellers to change the initiative. It is possible that we observe the moment of developing of 3 wave of iii. We are expecting the lengthening of the third wave of impulse. So if the possibility is correct we are expecting pair growth so it isn’t time for sell. Good point for opening deal on buy is breakthrough of local price maximum.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.