Yen Technical Outlook

Published April 7th, 2008 - 05:22 GMT
Al Bawaba
Al Bawaba

The A-B-C correction should come to an end this week or next.  Wave C is viewed as underway from 98.56. 



Wave C would equal wave A at 103.88, very close to the former 4th wave extreme at 103.58.  See EURJPY for additional Yen trade ideas.