Monday, September 17, 2012

USD/JPY intraday: the upside prevails.


Pivot: 77.9
Our preference: Long positions above 77.9 with targets @ 78.5 & 78.75 in extension.
Alternative scenario: Below 77.9 look for further downside with 77.65 & 77.3 as targets.
Comment: the pair stands above its new support and should post further advance.

By at

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