Friday, December 21, 2012

Update for Japanese Yen by @JimIuorio

Update for Japanese Yen by @JimIuorioSocialTwist Tell-a-Friend

Attached is a 40-day chart of the JYH3....

On Tuesday, we indicated that we would adopt a long bias on a trade above recent resistance.  We have modified those levels slightly, but the idea is the same.

Long bias above a settle of 119.45 on closing basis.  Initial objective of 120.75...stop loss on close below 118.65.


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