forex Forecast USD/JPY today march 14 2011

forex Forecast USD/JPY today march 14 2011 : This pair has been stuck in a massive wedge for ages. On Friday, it appeared that a serious move to break down from the bottom of this wedge was underway. However, support held, and this sets up Monday to be very important.


No new trades are recommended until the end of day on Monday, to see if we can close below the wedge. If so, then it would signal another round of weakness in the pair. If not, then we are still consolidating, and not ready to make our move yet.

Please be patient, the signal will present itself, and should show direction for the foreseeable future. For the latest updates PRESS CTR + D or visit Stock Market news Today

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