Friday, May 2, 2014

NZDJPY: Above 87.20 Targets 89.9 Highs

The monthly chart (inset) displays a Bearish Harami to warn of potential weakness. Price is also extended away from the 10-month sMA so we have to consider the possibility of a deeper pullback over the coming month/s. However the weekly chart could well confirm a swing low if we see



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