USDJPY intra-day 30min chart analysis update

By Go4x · March 10, 2010 · Filed in Potential Trade Set up's - Gold Membership

Below is my analysis on USDJPY. Please be advised that should you wish to take the trade, this must be done off your own analysis using the training that you have received.

USDJPY intra-day 30min chart analysis

Preference for USDJPY this morning would be to: LONG positions @ 89.75 with 90.2 & 90.5 in sight.

Alternative scenario would be to : The downside penetration of 89.7 will call for 89.5 & 89.25.

USDJPY Pair is breaking above its ST bearish channel upper boundary.

Trend: ST Ltd Upside; MT Range

Key levels

90.75** Intraday resistance

90.5** Intraday resistance

90.2** Intraday resistance

90.07 Last

89.7** Intraday pivot point

89.5** Intraday support

89.25** Intraday support

GHTime Code(s): 49b88