26 November 2009

USD/JPY : Break of 87.11 = Short

  • Last 86.74
  • Important crisis low 87.11 (Dec08/Jan09) broken.
  • Quarterly chart here (instead of usual monthly) shows next chartpoint is all time low 79.70 made in Apr95.
  • Fresh short established earlier on break of 87.11.
  • Plan is to leave plenty of room to add to position on rally towards 87.98.

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