Wednesday, August 29, 2012

USD / JPY

Trade Idea USD/JPY intraday: the upside prevails.

Pivot: 78.40.
Our Preference: LONG positions above 78.4 with 78.7 & 78.9 as next targets.
Alternative scenario: The downside penetration of 78.4 will call for a slide towards 78.25 & 78.1.
Comment: the pair has rebounded on its support and remains on the upside.




Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. Visit Us www.deryworldscorp.web.id

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