Forex Daily Technical Analisys USDJPY 12.02.2013
Forex Daily Technical Analisys USDJPY 12.02.2013
Rebound growing although still quite limited.
Daily trend bullish but beware of resistance at 103.73.
During the whole area, it tends to be hampered rally.
While discending triangle formation on the 1-H chart formed,
if the alert level support area Breakout 101.91.
It will trigger the development of the downside.
Need for RSI conditions that have been considered are the
overbought territory.
Recomend: Buy 102.10 Stoploss: 101.40 Target: 102.60-103.10
Resistance: 103.73-104.38-104.82-105.69
Support: 101.91-101.00-99.55
Rebound growing although still quite limited.
Daily trend bullish but beware of resistance at 103.73.
During the whole area, it tends to be hampered rally.
While discending triangle formation on the 1-H chart formed,
if the alert level support area Breakout 101.91.
It will trigger the development of the downside.
Need for RSI conditions that have been considered are the
overbought territory.
Recomend: Buy 102.10 Stoploss: 101.40 Target: 102.60-103.10
Resistance: 103.73-104.38-104.82-105.69
Support: 101.91-101.00-99.55
