$/Yen, Eventual New Highs Still Favored…..

Filed Under (Forex technical) by on 01-04-2009

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In $/yen, still view trade from the March 5th high at 99.65 as a large correction (wave 4 in the rally from the Jan low at 87.15, see numbering on daily chart below), and with eventual new highs (within wave 5). Note too the “sloppy/messy” trade over the last few…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

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