Some major developments

Hi friends , 

 I am back with the new major spot news.

  The USD/JPY looks like its going to meet major resistance at the 98 level.

We have to see what happens there to decide if its going to 103 or its going to 96.

There is major break on the Swissy also. A touch of the trendline break will help this thing to go for the lows of 1.115 .

Nice channel on GBP. We have to see how the pound reacts at the higher end of the channel. I did say on my facebook profile that I was buying the pound n what a great decision it was.

 The reason I did this was the 2 bottoming candles on the daily plus the Euro showing so much strength.