- [w] After the rally from 118 and double top at 163.07 we've seen some pull back or possible start of the correction-reversal. Next point to be tested and a possible rejection from that point is 146.76 - 146.164 where our Fib 382 line is.
- [w] we broke the Lower trend line and we are below the 5sma and 50ema
- [D] on our daily chart we established a small 18 day bear trend, we had some hard time at 153.50 to break that point.. and as now look like we are heading back to retet the breakpoint.. (7 days out of 18 days we tried to break that level)
- [D] with NFP soft data, we had a news spike - formed the double top [152.70] and we closed the session, day, and week with a double top rejection. Usualy we should sell double tops, and buy tripple top on penetration.
- [D] Monday . Sydney-Tokyo session opens with DPP at 152.01, and the next daily bar opens above DPP and above 5sma. - a classic Bullish sign for monday..
[Charts]
http://cdn.forexfactory.com/attachme...1&d=1252222242 http://cdn.forexfactory.com/attachme...1&d=1252222242