Tuesday, November 23, 2010

The irony of long-term chart reading

18:34CET

I was just going through the long-term charts, i.e, weeklies, and just realized USD/JPY confirmed a bullish singal at the close of last week @ 83.50....ironic, isn't it? Today's capitulation by the JPY crosses, and particularly EUR/JPY was not on cards surely on those longer-term chart readings...anyway, this is the FX market.

Posted via email from MT4

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