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Wednesday, August 22, 2007

EurJpy update


















Instrument = EurJpy
timeframe = 1 hour
currenct wave = correction wave iv inside wave 3.

comment
Focus on upcoming weakness to below 149.27.

Shorter term, while 153.89 support is intact allow for price to exceed 155.93 possibly carrying towards the low 157s before downside resolution takes hold. If price breaks down from around current levels tho', that is very acceptable to me

al yaqen's
yaqen.canteen@gmail.com

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