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I most of my analysis is buying on USD. The only thing I still sell the USD is on GBPUSD. I still have Bullish bias on Cable, but it could brake the recent low soon. GBPJPY hourly chart is potential for bullish reversal, so it could be another indication for Cable’s Strength.
Interesting Buying USD is on USDJPY and AUDUSD, both are at very good potential for reversal formation.
USDJPY complete the AB=CD formation, and it is expected to reverse in this level with SeaHorse Pattern or Impulse Harmonic.
Cable is expected for AB=CD potential in H4 before it complete the Long-term Bearish Bat pattern.
I haven’t update my blog for awhile. I have been so busy and only analyze GBPUSD only. I posted my Cable analysis for Bearish Bat Pattern in H8. and now it likely Cable will complete the pattern.
Those are 14th June’10 analysis and current pattern picture.
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