AUDJPY: The Bounce At 68.06

Tuesday, April 21, 2009

I was watching the AUDJPY as it slid downward today.As you might expect it was following a nice trend on the way down. It's currently following a nice trend line on the way up too.Here's a 1MIN chart showing the upward movement from the 68.06 bounce.I don't really place a lot of stock (heh, bad pun) in the 1MIN but it's interesting nonetheless.... continuing ...This is getting more interesting:A

 
 
 
 
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