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| | |-+  USD/JPY: On to 96.0
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Author Topic: USD/JPY: On to 96.0  (Read 4744 times)
pranjali
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« on: April 02, 2010, 11:12:12 am »
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/
         
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