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Elliott Wave Analysis on USDJPY and EURAUD

USDJPY USDJPY finally fell to a new low after a nice corrective bounce up into wave iv) which found resistance near 119.70. Now we are tracking a new five wave decline from that swing high which is still underway, pushing the price lower within the red wave v) that can hit levels around 118.00 today. […]

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Source : ForexCrunch.Com