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EUR/JPY Is Breaking Above A Large Wedge Pattern From 2008

Money Mind - Forex


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Old 19-03-2012, 03:51 PM
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Default EUR/JPY Is Breaking Above A Large Wedge Pattern From 2008

It might still be a bit early to say, but EUR/JPY is starting to show a breakout from a large declining wedge pattern that started in 2008, seen in the weekly chart to the left (click on it to see full chart). This wedge has completed a 5-wave count (ABCDE),

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