Tuesday, May 29, 2012

Aussie / JPY & Kiwi / JPY Tuesday 29th May 2012 12 Noon

Aussie / JPY & Kiwi / JPY

These pairs are in a significant down trend. Price has pulled back and is currently support by a trend line.

Charts below

Aussie / JPY


Kiwi / JPY



Should price make a move lower and break through the support I will look to enter short on a pull back the the trend line with an overbought stochastic.

Charts Below

Aussie / JPY 15 Minute Chart

 


Kiwi / JPY 15 Minute Chart




I will up date with the levels if and when price makes its move.

Best Regards

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