usd/yen update:
My entry buy 90.40 stop loss 90.00 target=TBD
2week indecision zone for usd/yen,while minor support 89.70 hold i prefer buying.u may wait the price to establish above 92.00 for confirmation.This idea following my study with 6j yen contract chart below.
From what i see,6j yen contract always tend to opposite direction with usd/yen,after lower high at the weekly chart 6j above,expect lower low should take the place next.At least we may see 6j contract to challenge 1.0689 or maybe lower around 0.9900
u can compare by urself with the 1hour chart for usd/yen and 6j yen contract below:
1h usd/yen chart
1h 6j contract chart
ok guys,wanna take some rest.All da best:)
Posted by
millionaire |
Wednesday, March 24, 2010
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crazy to say
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0
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