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#1675 (permalink)

08-18-2008, 09:40 PM

terton

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Posts: n/a

dollar yen cycle

Quote:

Originally Posted by John Kicklighter

Hey Firewalker,

What do you think? Watching any of the yen crosses. I have been watching CHFJPY and NZDJPY (the later for a good place to short).

Basically, I think we are cycling down into September 15, with some support at 107.40.

For the crosses, there is still more downside to come with the euro and pound, so overall, a nice bear market prevails.

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