Starting from June, 1 1989 up to the present day the distinct tendencies are observed within the structure of this very pair of currencies. Revealingly that for its absolute completeness the final descendant wave is insufficient which targets are in the sector of 97.10\88.50. The key support level is at 169.80, the fixation higher than it will decline this long-lasted prediction.
Analysis prepared by:
Maxim Dmitrievsky
Forex4you analyst