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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 01, 2010, 11:13:27 am

Title: USD/JPY Kilroy - Reverse Head and Shoulder
Post by: pranjali on February 01, 2010, 11:13:27 am
USD/JPY Kilroy - Reverse Head and Shoulder
         


There was anticipation for bottoming action at the 88.30-88.80 level. In that post, a decline was projected after a completed bearish Gartley. However, price action is telling us otherwise - that the market is already ready to continue the rally from the 89.10 area. A swing projection brings the pair...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/usd%10jpy-kilroy-%11-reverse-head-and-shoulder-20100201105764/