The breakout within last two weeks has seen the yen made higher higher, before reversing downward over the past two days at a key horizontal, Fibonacci and trendline resistance level. The Yen form double tops before reversing. Today, the Yen has bounce off the support of a rising channel, which supports the Intermediate Daily trend, and Primary 4-Hour trend. Using...
The Aussie is at a resistance of a trend line that tops a channel. On its rising a wedge forms over the previous week's, and the recent ascent forms a V line tops. Though the later has a high failure rate statisticaly, a close after a breakdown of the wedge signal opening of short positions
