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Friday, December 18, 2009


11:42 PST
This may be where it breaks to the upside

10:39 PST
it appears that the Bulls are going to take it higher. First target 1108.

10:06 PST
There is weakness in the Kumo on Monday. If Price continues below 1100 till Tuesday the chances for a Bull run decrease.
My M60 indicators have turned neutral to Bearish.

07:45 PST

Ichimoku is neutral, all my other indicators are Bearish. Possible targets are 1090 and then 1070. There is resistance at 1100. Should that be breached everything may change.

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.

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