Forex Daily Podcast

The JPY moved into our high probability area and this could be the start of the next run down. If so, it should rise to the 117.70 level before continuing down. With the New Year Holiday and the markets closed we think it's prudent just to sit out until next week. Have a Happy New Year and we'll publish our next Podcast on Tuesday. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading