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Yen Crosses: Significant Lows in Place?

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 3, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    On the daily, it is possible to count 5 waves down in the EURJPY from 170. Since the low at 113.59, the EURJPY has rallied in what looks like 5 waves and is probably wave A of a correction and traded sideways in classic B wave style (B waves are...

    complete article here...

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