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??
Showing posts with label usdjpy. Show all posts
Showing posts with label usdjpy. Show all posts
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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