I expected to start seeing EURJPY turn south, which isn't happening. I therefore did some analysis to answer the question: "Okay, so when IS the US dollar-Japanese yen finally going to begin reversing course?" So, here is where my numbers calculate resistance will occur, which I am pasting here to verify whether my projection has any validity at all or simply constitutes a bunch of nonsense...
Observations during the present 24-hour market cycle suggest an emphasis, from a swing trading perspective, on the ten-hour flow.
As of Thursday, I am modifying my perspective from ten-hour price action to the general overall directional tendency of the eight-hour and 90-minute price flows.