Thursday, April 16, 2009

AUDJPY: Some Upward Movement

Finally, after suggesting all day long that I'm looking for upward movement it's finally here.

How long will it last? Who knows. Will it hit the top of my so-called consolidation zone? Don't know.

Anyway, here's the latest from my chart...

Look, It's Going Up
I'll be happiest if the pair zooms up like a rocket, but I'll lock in some profit if we get close to the resistance line.

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