Thursday, December 6, 2012

Gbp vs Jpy (1H) & Eur vs Jpy (1H)

Gbp bs Jpy (1H) - At the moment, I believe market in progress to perform a bearish reversal trend scenario either to complete corrective wave a in white or yellow. A breakout to the lower red trendline would bolster to this scenario. Otherwise, please be careful for any breakout toward the white/yellow critical line.

Eur vs Jpy (1H) - At the moment, I believe market in progress to perform a bearish reversal trend scenario either to complete corrective wave a in white or yellow. Otherwise, please be careful if market bounce again from the bearish continuation critical line 1. Good luck.