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Tuesday, 24 July 2012

EUR/JPY H4 Update

Downside might be over because 61% Fib Expansion is very common for wave 5 end.
Nevertheless, any new low might be a clue that price want to expand to the next common Fib Level - 100%.

Watch the price action closely for a reversal from EUR/JPY 12 Year low.

Seb


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