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The Daily Forecaster: EURJPY

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 21, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Yesterday's I implied a 66.7% projection in Wave -v- at 112.27 (66.7%) and thus this may have been seen ay 112.07. Thus the implication would be a pullback. A 50% retracement of the decline from 122.15 is at 117.11. A 61.8% retracement is at 118.29. These should be treated as...

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