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Maule

Going Down

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Maule Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Wave Analysis Fundamental Analysis
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waveanalysis fundamental
CPI data coming out.
Previous unemployment data showed more people working.
More people working = more spending = higher inflation = expect CPI to be higher.
Fed announced they are reducing tapering.
Expectation. Fed may increase rates soon after.
Comment:
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(These posts are intended to keep Elliot Wave alive since everyone and their grandmother only does Supply/Demand nowadays.)
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