Thursday 18 February 2010

USDJPY breaking the UpperMedianLineParallel


Basic stuff here as per my first post today on $Yen( failure to reach the ML). This is the e-signal multiple Interbank data feed 60min chart on UsdJpy showing a clear breach of the UpperMLP.
I am looking to buy on a retest. We have a good move here having taken out prior highs of 91.27 (at the begining of Feb) and next objective is 91.86. The long term charts are begining to look very raunchy for the US$.

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