Friday, February 26, 2010

Buying value - long USD/JPY 89.00

USD/YEN is range trade with balance point at 90.66 with 88.54 - 92 range ends..

Long 89.20 with 88.76 stop.

Deflation persists in Japan... seems the YEN mountains of debt didn't work in he last 20 years. Now we are about to see how the mountains of USD, EUR, GBP and CNY debt will mange to get the global economy back on track if it will in he present decade.

1 comment:

  1. nice analysis!!
    Thank you.

    ...(I'd be pleased if you exchange reciprocal link with me.)