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Yen Crosses: No Clear Consensus

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 8, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    GBPJPY: As long as 219.30 is intact, we are treating the advance from 192.60 as a corrective 4th wave. Within the advance, the rally from 199.79 would equal the 192.60-208.94 rally at 216.13. A rally to there would potentially complete an A-B-C correction from the low.

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