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The Usd/Jpy intraday

Posted on September 22, 2008 at 10:13 in Short-Term Analysis by Valeria Bednarik

The pair remains under pressure, attempting to break lower. with a tough congestion zone between 105.80/90 a continuation under it, will drive the pair to 105.55 another important support that also fall in the 61.8% of the last up leg 103.99/108.02. that level should hold today and offer some rebound. To the upside, resistances will be at 106.25, followed by the zone around 106.45/60 and finally 107.00

Tags: usdjpy

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