USDJPY: Pair Trading In A Correction

Discussion in 'Technical Analysis' started by Kaitlin, Oct 28, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    USDJPY made a deeper pullback than we thought, but still in a corrective fashion. Notice that move away from 121.48 is a overlapping between two trendlines so it is likely a corrective move. We see a combination of two zigzags that also reached area of a former wave four, near[​IMG]

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