4/18/10 More old friends

The yen after hitting the 106 axis line and accomplishing the minimum count of 6 across the 106 line
is now in the spring position. It has a count of 11 at he 108 line which puts it in line for a major upward swing.

The Euro having been in the spring position has failed to rally and now finds itself on a hinge at 135.  For a down move this would be a spit count of 8 across the 137 line and 4 across the 135.  This would give 12 across the 136 for a target of 124 confirming some of our old counts.