Today's
Chart: USD/JPY (HOURLY )
SUMMARY:
The major trend of USD/JPY is bullish but from past few
days we have seen some profit booking on higher levels. Market is
sustaining on the rising trend line & can continue its short
term downtrend. Today if USD/JPY sustains below 107.80 we can expect
it to test the 107.10. Prices are taking resistance of 30 SMA &
can come down for testing 200 SMA.
MACD
line is about to breach the zero line, indicating the bearish
sentiment in the market. RSI is also supporting the same.
STRATEGY :-
For Today, USD/JPY is looking weak on chart. We can expect downside
movement for few upcoming
- Activate Your Free Trial Now for #FOREX,#COMEX, #USA Stock Picks,#UK Stock Picks ,#HK Stock Picks.!!..Simply #Comment Your #Mobile Number and #E-Mail id Or Fill the Free trial Form Follow Link Here :-
No comments:
Post a Comment