Bouncing after steep sell-off | 21 10月 2013

21 10月 2013, USD/JPY

The USD/JPY pair has fallen heavily and broken down below its 45° trend-line, probably - but not definitely – signalling a shift of the short-term trend from up to down. The new down-target is quite far below at 95.65. The pair is currently recovering, but a break below 97.50 would probably signal the start of the next leg down with strong support at 97.10 providing an initial objective. Alternatively the bounce may extend further, rising up to the trend-line at 98.35.

Bouncing after steep sell-off

Mark Satcher
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.