USD/JPY Mid-Day Outlook
As noted before, USD/JPY's rebound from 76.28 has likely finished at 80.23 already. Intraday bias remains mildly on the downside for retesting this support first and break will confirm resumption of the whole fall from 85.51. On the upside, 78.59 minor resistance will flip bias back to the upside 80.23
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This entry was posted on Monday, August 8th, 2011 at 12:44 pm and is filed under Technical Forex. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.