Monday, April 20, 2009

AUDJPY: Breaking Trend?

April 19th, 2009
Though I’m a bit leery of Sunday price action it looks like a fairly long term support line is being broken.This could be interesting…. continuing …Looking closer, this may not yet be a break, as there have been previous “breaks” which gives us a bit of leeway here. A redraw based on a previous “break” leaves a bit of breathing room still.
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