Wednesday, September 19, 2012

USD/JPY Sept 18-2012

Trade Idea USD/JPY intraday: the upside prevails.

Pivot: 78.35
Our preference: Long positions above 78.35 with targets @ 78.95 & 79.1 in extension.
Alternative scenario: Below 78.35 look for further downside with 78.15 & 77.9 as targets.
Comment: the pair is pulling back but stands above its support.


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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