Thursday, July 13, 2006

13.07 - GBP/JPY and EUR/JPY

gbp/jpy - found resistance near 211,95-212,00 ( falling trendline 213,65 - 18.06 and 212,48 - 04.07 ), first support 211,10/20 on hourly charts, then 210,80, holding short...

eur/jpy - found strong resistance at 146,82 ( 76,4% last fall ), on hourly charts double top formation while below 146,47, holding short

good luck

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