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Usd/Jpy

Posted on January 7, 2009 at 13:42 in Short-Term Analysis by Valeria Bednarik

The pair is going downside, and will confirm a continuation under 92.40 zone, 50% of the last daily upleg. Once that support is cleared, next ones will come at 92.10, and 91.80, where we could see some quick upside rebounds. If that last value is cleared, the pair will turn bearish for the rest of the week, and will try to reach the 91.00 zone. From actual price, resistances will be at 92.80/90, followed by 93.20 and then 93.55.

Tags: usdjpy

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