USDJPY met Intraday target and facing new resistance

USDJPY met Intraday target and facing new resistance

Rami
04 (10) 2016 - 08:58 (GMT)
0

USDJPY managed to sustain advance toward target (102.00-20) within Intraday-Levels (more details see here) while approaching over Short-Run from testing resistance zone (102.65-80).

As long as market holding below resistance (102.65-80) another drop correction may hit market toward (101.00-20) zone.

While and as indicators showing any break above (102.80) may set the market inside new uptrend wave that may target (106.00-25) zone within Short-Run.

USDJPY

× Article short link: https://ramifx.com/?lOxueZ

Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

leave a comment