Overall View: Looking for a near-term down-trend continuation. 4 Hour Chart Flows: Short. Price Points: 1.4783, and 1.5194 Looking for: Near-term bearish price action. Momentum: The cable trend went Short on 3rd December, and has meandered sideways since then. The pair can be just as easily bought as sold.

Technically speaking, the Aussie has multiple uptrend lines serving as technical cushions along with intraday, 3/9lows, and the psychological .90 area. As for the topside, the Aussie has our 3rd and 4th downtrend lines serving as technical barriers along with the psychological .92 area. Additionally, previous 2010 highs could serve…

Technically speaking, the USD/JPYs faces our new downtrend lines along with intraday and 2/7 highs. Meanwhile, the highly psychological 90 area could have an influence over movements in the USD/JPY over the near-term. As for the downside, the USD/JPY has multiple uptrend lines serving as technical cushions along with intraday…