https://fxww.com/no-change-in-early-asian-trade-but-some-orders-to-report/ The Professional Source Wed, 30 Oct 2013 02:58:55 +0000 hourly 1 https://fxww.com/no-change-in-early-asian-trade-but-some-orders-to-report/#comment-31315 Wed, 30 Oct 2013 02:58:55 +0000 http://381c099c8f.nxcli.net/?p=11028#comment-31315 Well Sean, as you know the usd/jpy and Nikkei have been moving together this year, and 3 times it has make lower highs, may, july, september, and each time, the usd/jpy has also made lower highs (103,101.5, 101-99.6) but with some days differences because of market factors such as calander events, but each high happened in the same week, and now we are reaching that point again, if we the Nikkei can break the trendline then we might be going back to 103, but in my view, that might not be the case, i think the nikkei wil once again make a lower high, and if thats the case we might not be going much higher, and definately not higher then 99, which makes me think maybe 98.4 or the current high might be a top/strong resistance for now, just a thought, if you get a chance take a look at the Nikkei and let me know what you think!

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