Usd/Jpy Technical Analysis for 23th February 2009
Posted on 23. Feb, 2009 by admin in Technical Analysis, Usd/Jpy, Usd/Jpy Technical Analysis
The 4 hour chart is showing that the pair’s bullish momentum is reversing itself, and has turned to be bearish. The bearish cross on the daily Slow Stochastic strengthens the pair’s downtrend, which might see a valid target price at 92.49.
