I jumped in the 1.436 break for a quick 8 pips, im thinking about getting in to hold it over night. besides that I think USD/JPY might be headed towards 92.2.
It almost never goes more than nine waves up and it is at 8 now on the five minute chart. if it is an impulse pattern then it could make 13 and if it it a corrective pattern then 11 will be 11.......
The yen looks to me that it might actually test the 200 sma before going up one more time and then falling before a large up move through the 200 sma....
EUR/GBP and gold just registered breaks.. I would hold and move the stop up on Euro and not worry about long-term waves
Euro needs to touch 1.45 or 1.457 before a failure signaling a try for 1.40.. It bounced off of 1.428/1.43 this morning to signal a try for the recent highs.