Intra-Day USD/JPY Signal

Published 11/17/2011, 09:03 PM
Updated 01/01/2017, 02:20 AM

Although dlr continues to trade narrowly y'day as
market focus is on other majors, as long as 77.
15/20 holds, consolidation with downside bais still
remains for re-test of Mon's low at 76.82, break
wud extend recent fall fm 79.55 to 76.60/70 later.
   Sell on recovery n only abv res at 77.51/54 wud
abort daily bearish outlook on dlr.

Range Forecast
76.90 / 77.10

Resistance/Support
R: 77.15 / 77.51 / 77.88
S: 76.82 / 76.60 / 76.48
    
Rate     
76.99

Strategy/Entry Level
Sell at 77.10

Objective/Stop-Loss
76.85 / 77.23

Last Update At
17 Nov 2011 23:04 GMT

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