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

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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

www.Technische-X-Analyse.de