Swiftcoin Forum

Economy => Trading Discussion => Topic started by: pipthom on March 29, 2013, 09:21:27 AM

Title: FNIB.co Daily Technical Analysis March 29 USDJPY
Post by: pipthom on March 29, 2013, 09:21:27 AM
The USDJPY was indecisive yesterday. The bias remains neutral in nearest term. Overall I still prefer a bullish scenario with buy on dips strategy with immediate support seen around 94.00 – 93.50 and nearest bullish target seen around 96.00. A clear break and daily close below 94.00 – 93.50 will interrupt the bullish outlook and could trigger further bearish correction.

(http://http://fxisite.fxinstructorllc.netdna-cdn.com/blog/wp-content/uploads/2013/03/usdjpydaily19-300x197.jpg)