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I still continue to hold 10,000 USD/JPY long. It has moved sideways to higher since my entry. I focused on the daily chart for execution. The USD/JPY broke out to new short term highs today but has since pulled back. I entered into a new position of 5,000 Euros long against the U.S. dollar. Key daily support for the EUR/USD was identified at 1.3612
If the EUR/USD closes at or above 1.3612 then this trade remains as a hold over the weekend. If price does not close at or above this target then it is advisable to exit position prior to the market closing. The long term target for the EUR/USD is 1.4197. I will post an additional chart which displays future prospects for the Euro. Long term target for the USD/JPY remains the same as posted in http://1618analytics.blogspot.com/2010/02/usdjpy-planetary-angles.html
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