Resistance now nearer at 103.72 highs | 03 Diciembre 2013

03 Diciembre 2013, USD/JPY

The analysis hasn't really altered from yesterday: USD/JPY has paused to consolidate in a strong up-trend. This is probably just a temporary consolidation before the next break higher, targeting the 103.72 highs. A move above 103.40 would provide confirmation of such a move. There is resistance above at 104.15 providing the next target higher. A bullish count calculated from the column after the November 26 lows also gives an upside target of 104.60.

Resistance now nearer at 103.72 highs

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.