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Author Topic: USD/JPY Mid-Day Outlook  (Read 4229 times)
Hemant
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« on: March 02, 2011, 11:03:55 pm »
USD/JPY Mid-Day Outlook

Current development suggests that USD/JPY's recovery from 81.61 is merely a correction to fall from 83.96 and might have finished. Intraday bias is cautiously on the downside and break of 81.61 will target 80.93/81.12 support first. Decisive break there will strongly suggest that consolidation pattern from 80.29 is completed at<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/N2h0ZiBFqHU" height="1" width="1"/>

Source: USD/JPY Mid-Day Outlook
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