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- anyhowtrade replied Jan 11, 2008
1.9540 for GU, support turned resistance.
- anyhowtrade replied Jan 10, 2008
As everyone knows, USD/JPY has 1.8 times more influence over GBP/JPY. USD/JPY is waiting to breakout, look out for it. Chart attached.
- anyhowtrade replied Jan 9, 2008
UJ just tried for a break for the supporting trendline but it didn't make it. (remains to be seen though) I'm pretty amazed at the predictive value of these lines.
- anyhowtrade replied Jan 9, 2008
UJ seems to have found support at 109.10, a nice upward sloping trendline can be drawn. UJ has to break out of 109.75 before anything big happens.
- anyhowtrade replied Jan 8, 2008
Rejection of the downward sloping trend line + pinbar/hammer candle formation more or less says the uptrend is still intact for now
- anyhowtrade replied Jan 7, 2008
the uptrend has been capped by a 109.75 resistance line that has been tested a couple of times. however a upward rising trendline acting as support can also be seen. comments pls!
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