USD/JPY Technical Analysis for May 16, 2011
By forexmansion.com
posted 4:16 05/14/11
| Forex Analysis
 
Font Size
 
Print
 
Sent To A Friend
 
Share
 
follow
 

related articles

from this site

 

The USD/JPY had a slightly bearish day on Friday, only to print another hammer-like candle at the close. This looks interesting to us as it is sitting right on massive support at the moment. This pair will be monitored by the central banks around the world, and a buy on strength could be possible – if we get it. A close above 81 gets us particularly interested in buying.



Originally posted here.
 
 
0
comments
 
0 comments
 
Trade Stocks, Indices, Commodities and Forex - Plus500

add Your comment

 
 
 
 

send to a friend
 

 

Note: Your email address. and that of your recipients, will be used only in the case of transmission errors and to let the recipient who sent the article.
The information will not be used for any other purpose

The Help us prevent spamming, please enter the security code:
Reload Image
 
 

Send a message to: forexmansion.com
 

 

Note: Your e-mail eddress and that of your recipients, will be used only for the transmission of this content to your recipents.
The information will not be used for any other purpose.

The Help us prevent spamming, please enter the security code:
Reload Image