16 Apr 2009
AUDJPY: Slow Decline
I'm sitting here watching the slow, achingly slow, decline in the AUDJPY.Based on RSI and stochastic evidence, not shown on the image below, it's very possible that we'll get an upturn soon.Anyway, this image shows you that we are continuing to approach what I've called a containment field. It represents a possible consolidation zone while the market tries to figure out whether to ultimately
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- AUDJPY: Still In Consolidation Range
- AUDJPY: Slow Decline
- AUDJPY: Don't Cross The Streams!
- AUDJPY: Risk Aversion
- AUDJPY: Possible Consolidation?
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- AUDJPY Popped To 72.30
- Catching The Run To 71.00
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