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Wednesday, July 22, 2009

Tenkan-sen (blue line) is offering support. A cross below the Kijin-sen (red line) will be very Bearsh.
We may need to correct to the other side of the channel in order to get the drop we would expect from wave 3.

Analysis presented on this blog has only informational and educational purpose and does not represent a proposal for buying or selling currency contracts.

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