Pulling-back in up-trend | 01 11月 2013

01 11月 2013, USD/JPY

The USD/JPY has fallen back after reaching quite strong resistance from several major moving averages and the bottom of the large triangle. It failed to reach the up-side count for the bullish move at 99.20 and has now pulled-back to the 45° trend-line. It will probably consolidate at this level. Given the short-term upside bias it will probably recover and go higher, eventually reaching the target for the count at 99.20. A break above 98.35 would provide upside confirmation of such a move higher.
Pulling-back in up-trend
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.