Currency / Ichimoku: CADJPY – 6/6/07, Trade Update

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  • Currency / Ichimoku: CADJPY – 6/6/07, Trade Update

Below are the charts for today. We went all the way down to R2 and then bounced off. Therefore, R2 is turning out to be a good support value. The charts tell us we are still in a bullish sentiment but we are in a consolidation mode. Therefore, we should expect a lot of noise.
Adjust your stop every day and don’t do anything. Stick with the trading plan.
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