24. June 2014 · Write a comment · Categories: Uncategorized · Tags:

Here are some quick charts:

 

6-24-14EURJPY

 

EUR/JPY hugging (below) 200 day SMA and rejecting down trend line.

6-24-14AUDJPY

 

AUD/JPY failure at very important resistance

6-24-14GBPJPY

 

GBP/JPY lower high and rejection at key resistance.

6-24-14NZDJPY

 

NZD/JPY multiple rejections at same resistance levels.

 

Blake Morrow

Chief Currency Strategist, Wizetrade

 

Disclaimer: I have started to get long JPY on some crosses

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