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Wednesday, August 18, 2010

Forex Charting Video for $ Yen

Wednesday, August 18, 2010
Forex Charting Video for $ Yen usdjpyAlthough we have yet to overcome the 85.70 pivot point, short term price action still leave the Dollar in position to clear 85.70 and challenge key 86.40 to 86.50 resistance. However, keep tight stops on this view as the Daily Chart still leaves the potential for a final new low in a declining wedge pattern before higher. A loss of 85.10 threatens the key

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