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Author Topic: Simple Moving Averages Contain The Yen  (Read 4757 times)
pranjali
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« on: March 11, 2010, 05:11:49 pm »
Simple Moving Averages Contain The Yen
         

The Usd/Jpy is trading back in the 90.00 area, flanked by the 20, 50 and the 100-day moving averages. This area has limited the pairÂ’s moves. If Usd/Jpy finds the necessary momentum to push higher, it might reach the 92.50 area.
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/simple-moving-averages-contain-the-yen-20100311108652/
         
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