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RavingEagle
May 22, 2015 8:35 PM

Aussie vs Yen - Support at Wave IV level Long

Australian Dollar/Japanese YenFXCM

Description

Support Zone may suggest good chance to enter a Long Position of the Aussie against a (presently) weaker Yen.

Fibonacci tool left out, by mistake... my apologies!
Note that the Support / Resistance Zone coincides with the 1.68 Fibonacci Level;
Additionally, Wave V ends exactly at the 2.618 Fibonacci Level.

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