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Yen Crosses Sink: Corrective Rally Underway

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

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    EURJPY: The drop from 167.64 can be viewed as a series of 1st and 2nd waves (following a major truncated 5th wave). The most recent 2nd wave is picture perfect as wave c and a are equal. The implications are that the EURJPY is entering a 3rd of a 3rd...

    complete article here...

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