19 February 2010

EUR/JPY : Watch Daily Bear Flag at 122.02

  • EUR/JPY daily chart consolidating within a bear flag around 125/122. Last 123.77.
  • Bear in mind what happened with cable yesterday (see lower chart). Same kind of formation.
  • Sell stop-in below 122.02 to add onto shorts from 126.55 and 123.67.

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