Thursday, May 28, 2009

Jun Yen

Thursday 28 May 2009

Position and day traders, buy Jun Yen
at market 103.27.

Yen is at a 50% retracement of the monthly
range. There was a high volume probe under
103 that is holding, and the recent retest
of that probe has held, also on an increase
of volume, which indicated more demand than
supply activity.


Day traders use a 103.02 stop.

Position traders use a 102.77 stop.

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