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Thursday, August 19, 2010

Daily Forex Signal on $ Yen - USDJPY Aug, 19th 2010

Thursday, August 19, 2010
Daily Forex Signal on $ Yen - USDJPY Aug, 19th 2010

Pressure on the 84.75 base has been aborbed thus far but the market still needs clear 85.90 to 86.50 resistance levels to confirm the low and an initial rebound to the 88.15 objective and possibly even the secondary 90 to 91 target range. Until then we have to allow a final new low in the form of a declining wedge pattern from 89.15 to about

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