Euro / Japanese Yen
Long

Yen index at support? Long favoured until broken.

501
My yen index bounced of support on Friday. It reached both the 50% retracement fib and the 61.8% extension of the first swing. Also it reached 2 trendlines, one ascending from the lows, the other forming the support line of a falling wedge.

The RRR lies on the long side against such support.

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