On the 1 hour chart the upward channel looks good, while on the 3 hour chart the upward channel is intact. Break above yesterday's top and nearest resistance 93.92 would encourage further recovery of the Dollar. Immediate support is today's bottom at 92.16, and consistent break bellow it could strengthen the Yen further down towards next target 91.30.
Saturday, 9 February 2013
USD/JPY Shattered Down To Almost 92
On the 1 hour chart the upward channel looks good, while on the 3 hour chart the upward channel is intact. Break above yesterday's top and nearest resistance 93.92 would encourage further recovery of the Dollar. Immediate support is today's bottom at 92.16, and consistent break bellow it could strengthen the Yen further down towards next target 91.30.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment