Thursday, September 24, 2009

Sept 23: USD YEN Update


Inability to continue bullish move and take out 93.3 means that MTD 9 low and LTD 3 low position is not confirmed at 90.1.

Looking at the chart now, there is a good chance that we see one more leg lower before MTD 9 low and LTD 3 low arrived. The due date for this low is on the first - second week of October.
 

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