23 July 2009

USD/JPY : Into Overhead Resistance

  • Last 94.48
  • Tide : Downtrend
  • Wave : Resistance 94.63 and upwards. Pullback to triangle edge now
  • Ripple : Resistance line around 95.00
  • Limit sell order above
  • Good position to have against long Risk Seeking portfolio. Also in line with overall bearish USD view.

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