Friday, July 31, 2009

Yen remains above 93.35

USD/JPY Current Price: 95.42. Pair remains above previous high’s congestion zone around 93.35, correcting from 95.80 highs reached in American session. This far, 20 SMA in the hourly seems to be capping the downside exactly in the same congestion zone previous strong resistance level.

Read More....

No comments: