Wednesday, 10 September 2014

AUD/USD breaks trend line support, resumes big picture down trend targeting 0.84

Daily chart shows AUD/USD breaking trend line support.


Weekly chart shows AUD/USD has resumed its big picture down trend targeting 0.84 around the lower trend line.


USD/JPY long term chart suggests target of > 120 in coming years

Monthly chart shows USD/JPY has cleared resistance and is embarking on the next leg of its journey toward the origin of the bullish wedge, above 120.