Minggu, 03 Februari 2013

Trading Central USD/JPY

04.02.2013 02:54 GMT+1 - USD/JPY intraday: intraday support around 92.3.

Pivot: 92.3

Our preference: Long positions above 92.3 with targets @ 93 & 93.3 in extension.

Alternative scenario: Below 92.3 look for further downside with 91.75 & 91.25 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Source

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