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USD/JPY - The daily trend is bullish

By:

Finotec

10-12-2007

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The target is 111.15 at previous support level.

Technical oscillators that supporting the bearish tendency are:

MACD moving averages bellow the zero line and pointing down.

RSI stand on 53.048% and pointing down to over sold area.

Moving averages of 10 and 20 days, the shorter after a bearish cross.

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Finotec
Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no

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