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Monday, July 27, 2009

Updates before Tokyo Session

USDCAD reacted a bit to the trend line area , and has been adjusted to reflect the recent PA.

GBPJPY and USD are consolidating a bit. Cable is finding support at the 38.2 FIB. The green dotted line at 155.40 on the GBPJPY is a S?R line that has been used as a trade setup line a couple times. It is green to for that reason. I'm seeing a break of either the 38.2 Fib or above 1.65 on the Cable, as a possible setup.

All orange S/R lines, on the charts, have been left unchanged.

Click on Chart to Enlarge

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