USD/Asia selling increases downside pressure on USD/JPY
The Thai Baht for example is trading at 2 1/2 year highs against the USD and the selling of the USD in Asia is gathering momentum. China’s willingness to diversify out of USD-based assets and buy Asian is a big factor.
USD/JPY rallies are getting smaller and another test of 84.75 would seems to be getting closer.

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sean san
is that in inverted head and shoulder on Fibre on H4 neckline at 129 08 ??
am watching that closly, bit more of the right shoulder to develop but if the neckline breaks at 1.2730, it could be a interesting trade, a measure of the head and projected down gives a target of 1.2150.
http://s853.photobucket.com/albums/ab94/n_aftab/?action=view¤t=hs.gif
hi
indeed correct right shoulder need to break on closing H4 above 129 29.
this projects a high of 13360, i think.
Haniff, that would explain why there are so many stops reported above 12935
Ah yes theres a smaller inverted H & S there aswell will be interesting to see which one plays out, as the inverted one will invalidate the larger one.
Well there is some overhead resistance in EU at 2939 so need to breach first that before continnuing up I think.
A failure at 1.3000-50 and move below current range lows would bring N s bigger picture into play or we could just see a host of stops hit on both sides and end up at 1.2850 again
Bla bla bla who know is rich NO TREND