Replies to post #39336 on FOREX TRADERS

[Ataglance2]

maybe .80 is the number for usd/jpy?
trying to find what numbers would force intervention..
I heard weeks ago the BOJ did not have the money itself to intervene ,then the news says eur,and the usd would help..now im wondering how would they have the money?
looking at the charts with commodities and currencies,the future is very bleak to say the least.
Sunday the move up was too quick and determined ,not to be a big player...but the 4 hr chart showed price touched a trendline ,then went south.showing a bull pattern and .80 would be in my mind a likely place to have the intervention start..if not, and price breaks below ,they are going to have a very hard time ,even with intervention to stop the bear train ..still and all trading currencies keeps ones attention guessing.
;)