Monday, March 8, 2010

USD/JPY 15 Minute Chart

 
Here is a 15 Minute Chart of the USD/JPY pair, showing two very clear impulses up so far with another likely to come to form an impulse of a higher degree. I will be looking to get long at 89.80 with my stop at the wave 1 extreme at 89.25. 91 will be my first target, but if the wave looks likely to extend this will need to be revised.

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