Going into Tokyo, price has consolidated across the board. Key S/R levels to watch are:
GBPUSD 1.6500
GBPJPY 155.50
EURUSD 1.4265
The trendline on the GBPJPY has been hit 3 times, and A break to the upside could see the trendline broken for a move up toward 156.00 and then 156.50.
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Friday, August 21, 2009
Chart Update Going Into Tokyo
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