Looks like tracing out a triangle, and a break below the lower line could tie in with a BIG fall in equity markets. May be that we stay in the range for a while longer, as it is a weekly chart...but more warning signs??
Thursday, July 1, 2010
USDJPY
Seems like YEN strength vs dollar = weak equity markets, so here's the USDJPY weekly..
Looks like tracing out a triangle, and a break below the lower line could tie in with a BIG fall in equity markets. May be that we stay in the range for a while longer, as it is a weekly chart...but more warning signs??
Looks like tracing out a triangle, and a break below the lower line could tie in with a BIG fall in equity markets. May be that we stay in the range for a while longer, as it is a weekly chart...but more warning signs??
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