USD/JPY
UJ has broken the uptrend channel (purple). I have entered a short position around the eclipse area. For now the price may be supported near the blue trend line. Whereas, the purple uptrend line will act as resistance.
GBP/JPY
GJ has also broken the uptrend channel (blue). I have entered a short position on GJ too near the eclipsed area.
See my previous update on GJ here and UJ here.
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Monday, February 2, 2009
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