Thursday, August 8, 2013

USDJPY

Not really looking like the A B C of JPY pairs.

~95.20  we could near the bottom
AUDJPY -- looking like 5 waves down - maybe 1  more down?


Hourly channel on USDJPY lacking the steepness of 3 of 3 -- more like slow impulsive of end of trend going after every bit of supply.
And... JPY Butterfly?  .786 - .786 if we get a hold above 95.20 and break the 97.7 then the 98-99



ALT USDJPY