Friday, August 13, 2010

8/13 Forex Update

This morning USD/JPY was showing bull phase on Person's Proprietary Signal (pps). At the time, it was ghosting, fading out and in as the pps is prone to do in its more whimsical moments.

The signal appears to have stabilize as a valid switch to bull phase.

See this morning's forex report for the pivots and assessment of the preceding bear phase.

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