29 March 2010

USD/JPY : Change Coming

  • Monthly : 3 more trading sessions to end Mar10. A month end close above 91.66 (now at 92.68) confirms the break of the downTL that goes back all the way to Jun07.
  •  Weekly : Last week's close at 92.42 confirms the break of the weekly downTL which was at 91.59.
  • Daily : Bull flag.
  • 1st guess upside objective 95.71. Take it as it comes.

No comments: