Wave Analysis USDJPY | 27.07.2015
Yen hasn’t finished wave [ii] of 3 of (5) yet; right now the price is forming “leg” (c) of [ii] of 3 of a descending zigzag. In the nearest future, the pair is expected to complete the correction and start a serious growth inside wave [iii] of 3 of (5).
Wave (b) of [ii] of 3 has taken the form of double three, and right now the market is forming wave (c) of [ii] of 3, which may be followed by a new growth inside wave [iii] of 3 of (5).
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