Thursday, February 5, 2009

USD/JPY Technical outlook 5/2/2009

Rising USD / JPY in an attempt to break the downward trend to the regulations, where a moment of time the level of 89.37 points, the next chapter in the movement of the price. Closing hours on this level opens the way to rise to levels of 90.37 in an attempt to re-examine the levels of resistance to central direction instantaneous, but is still a downward trend, with opportunities to make corrections to the highest price.
Levels of trading today may be the level of support between 86.55 and 92.10 resistance level
the general trend is far from encouraging firmly to the bottom level of 102.10 and targets of 84.90 and 83.12
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.

Copyright©Fienex Group LLC2009

No comments:

Post a Comment