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Yen Crosses Setting Up for Bulls

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 4, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Much like the AUDUSD, the AUDJPY continues to rally in 5 waves and fall in 3. This indicates to us that the trend remains up as long as price is above the January low at 90.10. The rally from 90.10 to 96.49 is in 5 waves and probably wave...

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