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Yen--Wednesday morning, April 23, 2008

Following the charts from Sunday afternoon, April 13:
080411-1459-jpy8hr.gif
and Tuesday, April 8:
080408-1648-jpy4hr.gif
it appears that the 1.0292 top reached in two wave patterns could be seen as an alpha, with the approximately 38.2% retracement of the move as beta.
080423-0631-jpy8hr.gif
And a 4 hour view:
080423-0631-jpy4hr.gif


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