Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on February 23, 2011, 11:10:21 pm
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USD/JPY Mid-Day Outlook
USD/JPY's retreat is still in progress and deeper fall could still be seen with 83.15 minor resistance intact. Nevertheless we'd still expect downside to be contained by 61.8% retracement of 81.12 to 83.96 at 82.20 and bring strong rebound. We'd maintain our view that rise from 80.93 is resuming for<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/E25993R6hss" height="1" width="1"/>
Source: USD/JPY Mid-Day Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/E25993R6hss/)