FX.co ★ Wave analysis of USD/JPY for July 6, 2010

Yesterday’s slow deals on currency markets did not allow the USD/JPY price neither develop correctional rollback upwards nor continue the decline in the direction of earlier reached lows around the mark of 87.00. Thus, the existing situation allows any prospect of the price movement from current levels. At the same time, the wave 5 in 3 still looks uncompleted and the indicators pass into zero position.