Forexpamm

USD / JPY. The price will laugh today.

Contrary to the expectations of the correctional decline, the price continues to grow confidently. At the same time, each step brings the opposite movement. Too steep angle of attack chose buyers. Most likely, the decline will begin during the current trading day, therefore it is worth being to this ready. It is also assumed that the movement down will be corrected. It is determined by the fact that the wave V, the development of which is currently observed, is formed in the form of an impulse. It completes the development of the third waves. Thus, the decline is supposed to be within the fourth wave and there will be another wave of growth.

Investment idea: SELL 119.80, STOP LOSS 120.00, Take Profit 119.00.

.