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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on February 28, 2011, 05:20:31 pm

Title: USD/JPY Mid-Day Outlook
Post by: Hemant on February 28, 2011, 05:20:31 pm
USD/JPY Mid-Day Outlook

No change in USD/JPY's outlook. Further decline is still in favor with 82.17 minor resistance intact. Current fall should target 80.93/81.12 support first. Decisive break there will strongly suggest that consolidation pattern from 80.29 is completed at 83.96 already and should send USD/JPY through 80.29 low. On the upside, above<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/_pxa0qPxqEc" height="1" width="1"/>

Source: USD/JPY Mid-Day Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/_pxa0qPxqEc/)