 |
| USDJPY Daily |
I went long around 78.05 figure on bounce from horizontal resistance area & opened another long on break & close trendline at 78.80.
A Full Time Trader's Blog. The Forex and Commodities Trading with Technical and Fundamental Analysis
Wednesday, October 17, 2012
USDJPY Stalling At 200MA
The pair USDJPY has broken the triangle but is stalling at 200MA as have been previous moves.See details [here].
Break of the trendline looks bullish but a confirmation is required with a break of 200MA. After this break focus comes on previous highs of 79.21 and 79.65.
I went long around 78.05 figure on bounce from horizontal resistance area & opened another long on break & close trendline at 78.80.
I went long around 78.05 figure on bounce from horizontal resistance area & opened another long on break & close trendline at 78.80.
Subscribe to:
Post Comments (Atom)
Related Post
loading..
No comments:
Post a Comment