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Forex Crunch: Elliott wave Analysis: USDMXN and CADJPY Update
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Elliott wave Analysis: USDMXN and CADJPY Update

USDMXN is still trading in a correction of wave 4 despite that bigger wave »c« recovery. The most important thing is that we have a triangle in wave »b« and we know that triangles cannot occur in wave 2, so it must be a correction! Anyhow, we remain bearish here for wave 5 towards new [...]

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