Thursday, March 27, 2008

Gbp vs Jpy 1H Update #1


Although the price already break the red trendline, but from my point of view, it might be performing a "double bottom" before starting to upwards to complete the bullish retracement trend. But, otherwise if its a true breakout, this scenario already become invalid and we shakk see a bearish continuation trend later on. Good luck.

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