Usd/Jpy Technical Analysis for 19th December 2008
Posted on 19. Dec, 2008 by admin in Technical Analysis, Usd/Jpy, Usd/Jpy Technical Analysis
After bottoming at 87.70 two days ago, the pair now shows local signs of a correction. The 4 hour chart is showing that the bullish move might not have enough steam in it, and that the bearish trend will probably resume before the weekend. Selling on highs might be a good strategy today.
