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Currency Crosses: Yen Crosses Rally but Trend Remains Down

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01-22-08, 07:49 PM

ActionForex.com ActionForex.com is offline

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Currency Crosses: Yen Crosses Rally but Trend Remains Down

We wrote last week that “the decline from 97.74 to 74.25 is considered wave A within a large A-B-C correction from 97.74. Wave B was a triangle and is probably complete at 86.18. This means that wave C is underway now, which will probably be violent and fast -- and...

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