Comments on: USD/JPY trading sideways after weekend elections https://fxww.com/usdjpy-trading-sideways-after-weekend-elections/ The Professional Source Mon, 22 Jul 2013 06:30:21 +0000 hourly 1 By: Sean Lee https://fxww.com/usdjpy-trading-sideways-after-weekend-elections/#comment-25033 Mon, 22 Jul 2013 06:30:21 +0000 http://381c099c8f.nxcli.net/?p=9649#comment-25033 Agree Papillon, plus keep close watch on AUD/USD, set for reversal soon I think

]]> By: Papillon https://fxww.com/usdjpy-trading-sideways-after-weekend-elections/#comment-25032 Mon, 22 Jul 2013 06:15:31 +0000 http://381c099c8f.nxcli.net/?p=9649#comment-25032 Hi Sean,

Have you noticed the price action on USD/JPY ? It looks weak this morning : it is back under 100.00 and it didn’t maintain above 100.50 (previous resistance). It could be interesting to watch this cross for the next sessions under 99.50 and sell again on rallies EUR/JPY ? On the technical side (see chart), we have picture two trendlines on the daily chart : bullish trendline from 9700-9815, bearish trendline from 103.75-101.50

http://img24.imageshack.us/img24/7365/2e2y.jpg

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