Friday, March 13, 2009

A Weekly Chart of the EUR/Yen

Do we see a break of EUR/Yen resistance here? I think I will keep on the lookout for any Japanese (official) hints about being unhappy with the Yen strength.



I have gone long on this pair because the charts look bullish and MC has an UP triangle in place for it. Notice the correlation between the top Bollinger Band and the trendline I drew.

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