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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (18276)	6/16/2016 10:13:41 PM
From: Chip McVickar	Respond to of 33421

John -- Yen ($XJY) - closed a monthly gap at 96.08 -- for the monthly move in June'16 Also in the monthly charts there's an Internal Trend line -- origin Aug 2008 shoulder low that's settled just overhead Plus the dollar responded by bottoming off an monthly Internal Trend line -- origin the major low 72.70 - May 2011 Sycophancy is a form of flattery, but really just very obedient... or an indication of deference to another power. Always thought currencies went up because they were of value...??? <smile>