Saturday, 29 December 2012

Yen

The yen has been in a super-weak trend against the dollar .We had a gravestone doji on Friday near a seasonal turn date so I am speculating a pullback or consolidation,perhaps a wave iv triangle here.Will watch end Jan as this was the major low for 2012



Sid's count  http://elliottwavepredictions.com/wp-content/uploads/2012/12/USD-JPY-daily-12-28-124.png

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