Wednesday, April 25, 2012

Forex Pairs to Observe--4.24.2012--Charts


Usd.Jpy

Usd.Jpy tried to take out the downwards trend line with no success thus far. The bulls are currently trying once more to break through resistance levels. If the bulls succeed, they will be after 82.56 with a fib target of 82.56. Critical levels to keep an eye out for is 80.85 and 81.79, whichever one gets taken out first is the most probable direction this pair will take. For 80.85 think bearish and bullish for 81.79. 


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