FOREX UPDATES...
USD/JPY (117.34)
By seeing the weekly charts of USD/JPY pair i feel its on the way to retest the strong resistence at 119.25 almost 190 pips movement...At the same time, in the last week it made the high of 117.47 and this weeks high is at 117.4 almost itz the Double Top pattern. Still time is left to erase the Double Top formation. The support is at 116.7-116.45-116 and the resistence is at 117.9 and 118.30...
USD/JPY (117.34)
By seeing the weekly charts of USD/JPY pair i feel its on the way to retest the strong resistence at 119.25 almost 190 pips movement...At the same time, in the last week it made the high of 117.47 and this weeks high is at 117.4 almost itz the Double Top pattern. Still time is left to erase the Double Top formation. The support is at 116.7-116.45-116 and the resistence is at 117.9 and 118.30...
posted by Naveen Pantera at 9:58 PM
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