Looking at EURJPY Daily chart market has been in an uptrend since july 24 2012 starting
from 94.112 and terminating at 103.85 as Wave 1 . The chart speaks for itself
as we see the wave movement following
its usual pattern capturing from wave 3 and up.We have already gotten to wave 5
at 119.147 and have seen its termination at 133.80
.After wave 5, wave A has
brought market down in a 3wave move a-b-c
.We are currently at the wave B which is also a 3 wave move ,in its case we
have seen the a-a…
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