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In the last forecast a short position due to a X-Sequentials X5 pattern has been recommended.
Last week´s low was at 89.73 .
Friday´s close (3/19/2010) :90.54 .
Chart :Usd/Jpy 60 Minute X-Sequentials Chart
Forecast:
Keep your short position with a a stop at 91.09 ´till 89.29-89.13 .
Afterward take a long position within that down move target zone and set your stop at 89.00.
The Usd/Jpy should then break above the peak at 92.15 .
yours sincerely ,
Devin Sage ,TXA Trading
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