Another corrections is likely at this level, probably down to 80.4ish again. As long as 80.4ish holds, the medium-term trend is up and once 81.8ish is broken the next target should be 84.
Tuesday, November 20, 2012
USD/JPY ~ 20 November 2012
After a pullback the USD/JPY breached the resistance at 80.4ish and is now already near the next resistance at 81.8ish:
Another corrections is likely at this level, probably down to 80.4ish again. As long as 80.4ish holds, the medium-term trend is up and once 81.8ish is broken the next target should be 84.
Another corrections is likely at this level, probably down to 80.4ish again. As long as 80.4ish holds, the medium-term trend is up and once 81.8ish is broken the next target should be 84.
