Thread: Gbp/jpy
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  #158 (permalink)  
Old 05-09-2008, 01:30 AM
4xStar 4xStar is offline
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Join Date: Apr 2008
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G-Y is really struggling here around the 202.35 area, if it breaks from here it may go at least to its monthly S1 at 199.45. If you draw parallel trendlines from Mar 17, they are slanting upwards but as of midnight est, price broke below the lowest line. It has to recover fast or, the next phase will be down, imo. I am still pretty inexperienced so these are just observations, I'll look forward to the opinions of those more experienced than me .
At some point this is going to be a great long again, I don't want to miss it!
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