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Tuesday, 21 August 2012

2012.08.20 21:54:23 USD/JPY intraday: consolidation in place.

USD/JPY intraday: consolidation in place.

Update on supports and resistances.
Pivot: 79.55

Our preference: Short positions below 79.55 with targets @ 79.2 &
79.05 in extension.

Alternative scenario: Above 79.55 look for further upside with 79.7 &
79.85 as targets.

Comment: the pair has broken below its support and should face further
weakness as the RSI is badly directed.

Key levels
79.85
79.7
79.55
79.38 last
79.2
79.05
78.8

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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume

20.08.2012 00:02 Up

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