MARKET ANALYSIS - Intraday Analysis USD/JPY Upwards scenario: - TopicsExpress



          

MARKET ANALYSIS - Intraday Analysis USD/JPY Upwards scenario: Immediate resistance at 99.81 (R1) remains in near-term focus, climb above this level might open way for a recovery action towards to next interim target at 99.93 (R2) and any further rise would then be limited to final resistive measure at 100.06 (R3) Downwards scenario: Clearance of our next support level at 99.59 (S1) is required to enable further trend evolvement on a slightly longer term perspective. Our support levels locates today at 99.46 (S2) and 99.33 (S3). Resistance Levels: 99.81, 99.93, 100.06 Support Levels: 99.59, 99.46, 99.33
Posted on: Wed, 24 Jul 2013 06:25:02 +0000

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