Friday, June 11, 2010

Range of Japanese Yen (2010-06-11 USDJPY analysis)



Above shows the 15-min chart for USDJPY. The price is now testing the resistance at 91.74. If it breaks, the next level would be at 91.85 to 91.93. If it holds, price would bounce back to 91.61 and the price would test the support instead. It is more likely that the price would be in this range today.

There would be more economic data released later, keep an eye on them.

No comments:

Post a Comment