Wednesday, June 1, 2011

USD/JPY Mid-Day Outlook



USD/JPY's break of 80.70 minor support suggests that recovery is completed and intraday bias is back to the downside for retesting 79.58 first. Break there will confirm that whole fall from 85.51 has resumed for a retest on 76.40 low. On the upside, above 81.76 will delay the bearish case

Source: ActionForexall Rss Feed

No comments:

Post a Comment