AUDJPY: Signs Of A Bottom?

Wednesday, January 27, 2010

First, I have to warn you, I'm eternally bullish on the AUDJPY. This means I'm wrong on my predictions a fair amount due to my long term viewpoint.With that said, I've noticed a chart sign that implies some possible upward movement. Take a look:It may not be easy to see, but notice how the recent tails, at 09:00, under the last few candlesticks did not project below the closing prices during a