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Yen Technical Outlook
Thursday, 04 June 2009 14:43:06 GMT  |  Jamie Saettele, Senior Currency Strategist
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US Dollar / Japanese Yen
06-03-09-Techs-06

The triangle count remains valid.  Under this count, wave d (triangles unfold in 5 waves (a-b-c-d-e)) of a B wave triangle is underway towards 98-99.  A drop below 93.50 would favor a bearish breakout strategy against 97.26.

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