folks still talk about euro going above 1.4. I just do not see how it can go above 1.4 that easily and go much above.
EJ clearly broke the up support channel line of yen, while UJ is still hovering around the up channel line. In the following weekly chart, EJ is on its way to 138 and 136 subsequently. UJ will bounce between 101 and 103.
when EJ reaches 138, a bouncing around of UJ between 101 and 103 will give an EU range of 1.3660 - 1.3400.
when EJ reaches 136, a bouncing of UJ between 101 and 103 will give an EU range of 1.3460 - 1.3200.
folks, keep on talking about 1.4, 1.41, 1.42, 1.43, 1.44, 1.45, if you like.
EJ clearly broke the up support channel line of yen, while UJ is still hovering around the up channel line. In the following weekly chart, EJ is on its way to 138 and 136 subsequently. UJ will bounce between 101 and 103.
when EJ reaches 138, a bouncing around of UJ between 101 and 103 will give an EU range of 1.3660 - 1.3400.
when EJ reaches 136, a bouncing of UJ between 101 and 103 will give an EU range of 1.3460 - 1.3200.
folks, keep on talking about 1.4, 1.41, 1.42, 1.43, 1.44, 1.45, if you like.
ignore wackos and psychos, including myself. But I can't add myself to iggy