Thursday, March 31, 2011

EURJPY

It confirms the strong break out.
Daily chart shows this pair breaks out from double bottom (or inverse H&S), MM target is 126-127. Short term target is 120 apparently.

From misc


Weekly chart shows it breaks out the long term down trend line, it should move up to the starting area of recent down leg, which is around 127.3

From misc

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