USD/JPY Daily Video, December 12, 2013

Sive Morten

Special Consultant to the FPA
Messages
18,760
Good morning,
Yen stands with retracement up. Crucial level for it is 102.90-103. Any move in 103.10+ area will be accompanied by solid risk of upward continuation and destruction of bearish setup in short-term perspective:





The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
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Hey Sive, I have been 'incommunicado' for last couple of weeks. Hope you have not missed me too much!? :p Anyway, after losing track a little of what's been going on it looks like Kiwi is now at an interesting 'intersection'!? Retracement back up to original 'Neck line' on H&S pattern! Can you give us an 'update'? Are we still on for 0.92 as per your original analysis back in Sept? Spasiba..B..:confused:
 
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