The pair has broken out of the long term down trend, this move up can change the long term direction of the pair and send it heading towards 140 in the longer term, we got BOJ coming up soon and it is expected to boost the pair once again so we got opportunities here to go long now.
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Comments
No7855
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This looks no breakthrough pressure line.
waterman
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agree.
wzm0307
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don't agree,I think it will be up to 110 or more
No7855
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They are likely right.
Swerver
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Yah its very subjective isnt it.
For me it hasnt as shown either
No7855
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May be very subjective, but his reaction was a mass of behavior, look reflect the situation after the k-line position, to avoid subjective factors involved which, of course, no right or wrong, the only transactions can be determined whether the right or wrong of the transaction profit.
Swerver
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Sure, I agree, there is no right or wrong, just making an observation the TL can be judged differently from the eye of the beholder.
Thanks for sharing
mrforex89
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Depends how you draw your line. For me it hasn't closed above important level to rebuy. I'm long from 100.30. Holding for a break above 104.35 and close to tp 105.25/107/110
No7855
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Congratulations, you got what you deserve profits, I did not really do too bad.
This looks no breakthrough pressure line.