Have not looked at this closely for long time given impression of trading within a broad range. But recent chart developments making this interesting now.- Last 93.33.
- Monthly : DownTL at 93.66 about to be put to test.
- Weekly : DownTL at 93.28 being tested.
- Daily : Series of higher highs and higher lows evident (also on weekly).
- Plan : Perhaps I should shift some firepower for long USD trades away from EUR and GBP into USD/JPY soon, without increasing overall exposure too much.
- [Addendum : Long at 93.20 and 92.40]
08 January 2010
USD/JPY : Testing DownTLs
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