JY (Japanese Yen) daily end 22-Mar-2007
I am doing my homework and trying to understand the information I read from OMNI. There is a sell recommendation of JYM7. I pull out daily chart here. This is a trade we expect to profit within the range. OMNI resistance area is around .8585/.8588, profit target .8508/.8511. At least from my limited knowledge of TA. It does make some sense to me. In addition , I am pretty happy to see the ugly stochastics trend. Let's see how it works out later.
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