Pages

Sunday, May 08, 2011

NKD & USD/JPY Update...

On Monday of this past week, NKD managed to fill its post-earthquake gap on the Daily chart but failed to close above it (see chart below). Several levels are of interest to me on this chart...10005, 9750, 9420 and 9320, as well as a couple of trendlines.


Last week, USD/JPY managed to close above the 80.00 level...a level agreed upon by Japan and the US after the earthquake (see chart below).