Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 05, 2011, 05:09:50 pm

Title: USD/JPY Weekly Outlook
Post by: Hemant on March 05, 2011, 05:09:50 pm
USD/JPY Weekly Outlook

USD/JPY's fall was contained at 81.57 last week and rebounded. The development suggests that sideway consolidation from 80.29 is still in progress and we'd expect more choppy range trading ahead. Nevertheless, upside of any further rebound should be limited by 83.96 resistance. Meanwhile, break of 80.93 support will be the<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/S2w4PDq3b6M" height="1" width="1"/>

Source: USD/JPY Weekly Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/S2w4PDq3b6M/)