Monday, June 15, 2009

Gbp vs Jpy 1H

At this moment, I'm looking for a bearish trend either to perform a reversal corrective wave a in yellow or retracement to complete wave iv in white. A breakout to the lower yellow and red trendline would bolster towards this scenario. Otherwise, please be careful for any bullish continuation trend and any breakout towards the white/yellow critical line. Good luck.

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