By
FX-Forecaster |
Technical Analysis | Feb 25, 2010 01:49PM GMT |
As opposed to the other JPY crosses this hasn't made a new low. Having said that it doesn't look that healthy right now. Only a move back above the 80.37 pivot area
would lead the way back to yesterday's 80.78 high. If this breaks (before there is any new low) then the implication is a move up through 80.98-25 and into the 81.51-
76 resistance area which I feel would cap.
Please view the complete analysis in the attached PDF file.
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