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ٹریڈنگ خبریں
16 Apr 2015
USD/JPY: below 118.33 would see weakness extend to 117.90/00 – AceTrader
FXStreet (Barcelona) - The AceTrader Team shares the technical outlook and the key levels for USD/JPY.
Key Quotes
“Despite dollar's resumption of decline from Monday's 3-week high of 120.84 to as low as 118.79 yesterday, subsequent rebound to 119.23 and then 119.47 signals a temporary low has been made and retracement to 119.75 may be seen.”
“However, reckon 120.12 resistance would remain intact and yield another fall later.”
“Below 118.72/79 would bring re-test of March's bottom at 118.33, breach would confirm corrective decline from March's near 8-year peak at 122.03 has finally resumed and extend weakness towards 117.90/00.”
Key Quotes
“Despite dollar's resumption of decline from Monday's 3-week high of 120.84 to as low as 118.79 yesterday, subsequent rebound to 119.23 and then 119.47 signals a temporary low has been made and retracement to 119.75 may be seen.”
“However, reckon 120.12 resistance would remain intact and yield another fall later.”
“Below 118.72/79 would bring re-test of March's bottom at 118.33, breach would confirm corrective decline from March's near 8-year peak at 122.03 has finally resumed and extend weakness towards 117.90/00.”