Archive | January 28, 2009
Double Bottom in USDJPY?

Double Bottom in USDJPY?

I was hoping for a test of the old Gann 0/8ths line for USDJPY but it looks like we may have a bottom on the 1/8th line, which is none the less a powerful support level. It looks like we have a potential double bottom in place, with pronounced divergence in place on the MACD and [...]

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