Sunday, September 2, 2007

ELLIOT WAVE ANALYSIS (03 SEPT 2007) #5

USD/JPY

Current Situation

1) USDJPY must retrace 100% from its previous downtrend move. A break of 116.59 will bring this pair to 117.27.

2) If that happen, it will be a bullish sign for USD against JPY.



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Elite Bisnes Team







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