Share this
Twitter
Myspace
Digg
Del.icio.us
Reddit
Furl
Yahoo
Technorati
Googlize this
Facebook
Hear this text
Print
E-mail
Bias: It's not the clearest of pictures but while 90.10 supports we should see 90.93 at least and maybe 92.14.
Yesterday's follow-through higher was almost as expected but stopping slightly short of the 90.92 target. We still have to keep this level in mind but I feel we are running out of time to see the follow-through to 92.14. At the most I would not want to see any further than 90.10 in this correction else an alternative and more bearish structure will be implied. Therefore, watch this support and as long as it holds a move back above 90.60 & 90.93
could even trigger a rally as high as the 92.14 target (allow a little more) by the end of today.
Please view the complete analysis in the attached PDF file.
For a full description of how to use the analysis please see the Analysis page of my website. The prior day's set ups for potential trading levels highlighted in the report are now available on the Daily Forecast page of my web site.
Kind regards
Ian
Market Analysis 
Technical Analysis Daily Analysis DAILY FORECAST FOR USDJPY
Technical Analysis Daily Analysis DAILY FORECAST FOR USDJPY
Discuss this item on the forums. (0 posts)
Written by Fx Forecaster Thursday, 11 March 2010 09:09
Market Analysis - Daily Technical Analysis
|
| < Prev | Next > |
|---|
Discuss this item on the forums. (0 posts)
