04 March 2010

USD/JPY : Sell Below 88.54?

  • Watching this very closely recently. Been meaning to sell naked (as opposed to being short as part of -EUR/JPY and -AUD/JPY) but not entirely convinced. Looks interesting now, 1 big figure lower than where I had first intended to short. Sigh.
  • Monthly : Choppy big downtrend.
  • Weekly : Close below 88.54 = sell.
  • Daily : Clear sell.

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