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Japanese Yen 5 Waves From 117.93?

By Jamie Saettele, CMT, Sr. Technical Strategist
22 October 2007 13:13 GMT

This level is also just above the gap open from this weekend.  If a larger correction is playing out, then look for resistance at 115.02 (38.2% of 117.93-113.24). 
   
Strategy: Flat

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22 October 2007 13:13 GMT