http://www.fx-insights.com/Daily-For...n-Turns-Lower/
Daily Forex Analysis: The Dollar-Yen Turns Lower
Posted by David Frank, Fx-Insights on 17/04/2012, at 01:16 AM
USD/JPY: The move below the March low opened the door for a test of the 50% retracement of 76.02 at 80.09. Also, we could see a test of the October 2011 high at 79.53.
Alternatively we see resistance at 80.60 and the 80.80.
http://www.fx-insights.com/images/up...3346396091.JPG
Daily Forex Analysis: The Dollar-Yen Turns Lower
Posted by David Frank, Fx-Insights on 17/04/2012, at 01:16 AM
USD/JPY: The move below the March low opened the door for a test of the 50% retracement of 76.02 at 80.09. Also, we could see a test of the October 2011 high at 79.53.
Alternatively we see resistance at 80.60 and the 80.80.
http://www.fx-insights.com/images/up...3346396091.JPG