Last Updated on Tuesday, 6 July 2010 10:37
Written by Ross Mullins
Tuesday, 6 July 2010 10:37
Trade posted to TAP at 10:46am ET, buy USDJPY at 87.40. We have been studying the potential reversal patterns on the weekly chart for this pair for several weeks now. With that expectation I have been looking for confirmations for buying again. With the break of the 4 hour trend line and now retest I am looking for this to begin pressing higher again.
USD/JPY Chart Picture
This entry was posted on Tuesday, July 6th, 2010 at 10:37 am and is filed under Trading Signals & Strategies.
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See outlook from post on May 11th also.