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 ③ 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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