Pulling-back in up-trend | 01 Noviembre 2013

01 Noviembre 2013, USD/JPY

The USD/JPY has fallen back after reaching quite strong resistance from several major moving averages and the bottom of the large triangle. It failed to reach the up-side count for the bullish move at 99.20 and has now pulled-back to the 45° trend-line. It will probably consolidate at this level. Given the short-term upside bias it will probably recover and go higher, eventually reaching the target for the count at 99.20. A break above 98.35 would provide upside confirmation of such a move higher.
Pulling-back in up-trend
Mark Satcher
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus