Tuesday, June 29, 2010

Yen above $XJY 111.49 pivot again is bullish the yen FXY

Since Twitter isn't working for me today I'll just post this yen chart with the observation, it's back above my 111.49 pivot again. After all the consolidation maybe it's finally ready to make good on its monthly chart bullish posture that I've been describing for, well, has it been over a year now?!?!! Click the "Yen" label to see my prior posts including that monthly yen chart with projections around the 125 to 130's areas.

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