Friday, September 28, 2012

USD/JPY intraday: the downside prevails.


Pivot: 77.8
Our preference: Short positions below 77.8 with targets @ 77.35 & 77.1 in extension.
Alternative scenario: Above 77.8 look for further upside with 77.95 & 78.15 as targets.
Comment: as long as 77.8 is resistance, likely decline to 77.35.

By at

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