Swing Technicals- USD/JPY Approaching Historic Lows

Fri, Jan 27, 2012

CURRENCY	CURRENT BIAS	POTENTIAL STRATEGY
EUR/USD (Medium Term)		Watch for a new opportunity to emerge.
GBP/USD (Medium Term)		Watch for a new opportunity to go long near the bullish trend line.
USD/JPY (Medium Term)		Watch for a new opportunity to emerge; a drop below 75.50 would be very bearish.
USD/CHF (Medium Term)		Watch for a new opportunity to emerge.
USD/CAD (Medium Term)		Watch for a new opportunity to go short near the bearish trend line.
AUD/USD (Medium Term)		Watch for a new opportunity to go long near the bullish trend line.
NZD/USD (Medium Term)		Watch for an opportunity to emerge.