Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on April 02, 2010, 11:12:12 am
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USD/JPY: On to 96.0
Weekly: It has been 2 consecutive strong weeks for the USD/JPY. Continuing both greenback-strength, and yen-weakness, the pair broke the neckline of a reverse head and shoulders. The stochastic confirms the bullish strength. A swing projection targets 96.00 just above the 61.8% retracement.
http://www.actionforex.com/technical-analysis/daily-forex-technicals/usd%10jpy%3a-on-to-96.0-20100402110215/