Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 08, 2011, 11:07:36 am
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USD/JPY Mid-Day Outlook
USD/JPY rebounds strongly today but upside is still limited below 83.02 minor resistance and is staying near to the middle of recent converging range. Outlook remains unchanged. Sideway consolidation from 80.29 is in progress and we'd expect more choppy range trading ahead. Above 83.02 will bring another rise but upside<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/7K5aj9SuOgc" height="1" width="1"/>
Source: USD/JPY Mid-Day Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/7K5aj9SuOgc/)