Friday, July 5, 2013

About USD/JPY.

Of USD/JPY.
It is 30min Chart.
See the ①② and recognize that it is 120 ma and 240ma(moving average)
And fully comply with the trend line without any rebellion
As you noticed, no sooner had the Mas converged into the trend line ③ than the candles was up as likely as rocket
However
For the readers of long terms investor, I would like to advise you to keep going on it and companying with trend but to alert the previous higher point, 103.405Yan.

If the 103.405Yan is breakout as a new record, the Wave is not dead      


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