Thursday, August 16, 2007

YEN, supports on 62 FIB retrace

Could mean we finally stop this DOG attacking us. Then watch the markets fly, but if we break 112.50 below again. Forget it. for today.

2 comments:

NMMM.NU said...

Chart please :)

I believe EUR/JPY is on 50% FIB on the weekly chart from the ~21-JAN-2005

What disturbs me, is that the line connecting ~21-JAN-2005 and 26-MAY-2006 is broken.

From other side I strongly believe that BOJ will *cut* rate or will do something stupid to f*** the Yen and help the USD.

boris said...

Dear MMMM.nu
Good Observations definitely.
Welcome to our site.

When I have little more powers We shell discuss these kind of ideas.

Good Trading