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    Fractal analysis of the EUR/JPY and GBP/JPY pairs. Trading recommendations 2010-07-08

    Dear traders,
    As for the EUR/JPY pair, we continue to observe development of the uprising structure from July 1, also we do not see any initial conditions for a decreasing tendency, therefore, for now, we consider it as a correction. As for the GBP/JPY pair, we are following the formation of the upward structure from July 7 in M15 scale.

    Forecast for July 8:

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