Euro / Yen Jepun

EURJPY Birds Eye View - General Overview

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For those that like trading this pair I thought I would give you an idea on what is going on.

This large ending diagonal that started in around 1981 is almost complete in Wave V

For this entire pattern to be complete it must make one final low below 94.139 before a reversal occurs.

Wave C is also an ending diagonal which indicates Euro strength against a weak Yen.

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Penafian

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