USD/JPY Mid-Day Outlook

With 4 hours MACD crossed above signal line, intraday bias is turned neutral for the moment. But after all, another fall is still expected in USD/JPY as long as 92.03 resistance holds. Below 90.30 will bring fall resumption to 87.36 support next. Break there will confirm the bearish case that…

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This entry was posted on Tuesday, January 19th, 2010 at 10:07 pm and is filed under Forex, Forex Trading, Forex news, Money. You can follow any responses to this entry through the RSS 2.0 feed.