Eur/yen has bounced sharply from the April 28th spike low at 124.40. However, the 5 wave decline from the Apr 6th high at 137.40 (see numbering on daily chart below) suggests that these recent gains are a correction, and with an eventual resumption of the declines back to the 124.40.... UWCFX
United World Capital Forex - Read More...
[Source: Eur/Yen, Chance to Reshort for New Lows....]
Wednesday, May 6, 2009
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