Definitely a chart worth watching for a bit. We have quite the crossroads coming up. On one hand we are sitting in a nice SD area which could push us up through the descending trendline and towards many bullish pips. On the other we have a triangle type formation forming which could signal more downside. I prefer to the upside but will continue to analyze and update as we move forward:)
Komen:
Watch UJ closely upon the open, as it has bounced off the trendline. Big moves could be ahead.