i might include some multi-year charts on occasion, but in my opinion, a 3-month chart is more than long-term-enough in spot FX markets!
Given the long time span this weekly chart covers, Id suggest giving the 'levels' a little leeway, perhaps +/- 5pips. Incidentally on shorter timed charts(hourly, 15min etc) my levels are supposedly accurate, but I'd still allow +/- the spread(i do). My spread in USDJPY with CMCMarkets.com is 3pips.
Saturday, February 24, 2007
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