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That’s quite possible that the [a] wave completed its formation within last week on which the diagonal triangle on [5] was formed.  However, it’s required to wait for the prices lowering resuming prove to which will be the bearish impulse on i wave.


It seems that the ascending move happens by (5) wave. Zigzag was formed on (4) earlier. In case the expectation is true then as soon as the correction is over the further ascending pair move on [iii] is possible soon.


Looks as the (ii) completed its formation on Yen. Ascending impulse on (i) was formed earlier. As a result the price growth resuming in frames of forthcoming (iii) wave could be expected in future.


The [iii] wave completes the double zigzag shape due to which the (y) completed its previous formation. Prove of the price lowering resuming will be the bearish impulse formation in direction of [iii]

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