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Forex Daily Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 28, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    JPY successfully completes the daily AB Downswing from A = 115.93 B = 107.23 with a C = 114.71/.86 reaching a D 1.18 extension at 105.80, following the mentioned beautiful bounce off the resistance downtrend line. As we mentioned yesterday, the yen slows down the pace of its recent move...

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