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Warren Forex http://www.forexfactory.com/images/s...ser_online.gif
Warrenforex
Member Since Sep 2006
Posts: 1,019
http://www.forexfactory.com/images/icons/icon14.gif Update Fundamentals And Technicals !!!
Strategy:[email protected] Short taken against the rebound from the spike low of 107.37 was stopped out at the 108.05 rebound high. Oversold hourly buys lifted prices after the morning spike lower, now neutral. Dailies are primed for a breakout and remain top-heavy. Eyeing last two days" lows near 107.10 as the initial downside pivot; 108.60 on the topside.(RD) 19:56 GMT
Date: 2008/06/24Time: 21:32 (GMT +2)Ticker: JPYLast: 107.81Pivot: 107.61st sup.107.62nd sup.107.353rd sup.107.151st res.108.052nd res.108.253rd res.108.4Title: USD/JPY intraday: bullish bias above 107.6.Summary: Update on supports and resistances.Story: Pivot: 107.6
Our preference: Long positions above 107.6 with targets @ 108.05 & 108.25 in extension.
Alternative scenario: Below 107.6 look for further downside with 107.35 & 107.15 as targets.
Comment: Intraday technical indicators are mixed and call for caution.
http://www.tradingcentral.com/chart/...0624153149.GIF
Warren Forex http://www.forexfactory.com/images/s...ser_online.gif
Warrenforex
Member Since Sep 2006
Posts: 1,019
http://www.forexfactory.com/images/icons/icon14.gif Update Fundamentals And Technicals !!!
Strategy:[email protected] Short taken against the rebound from the spike low of 107.37 was stopped out at the 108.05 rebound high. Oversold hourly buys lifted prices after the morning spike lower, now neutral. Dailies are primed for a breakout and remain top-heavy. Eyeing last two days" lows near 107.10 as the initial downside pivot; 108.60 on the topside.(RD) 19:56 GMT
Date: 2008/06/24Time: 21:32 (GMT +2)Ticker: JPYLast: 107.81Pivot: 107.61st sup.107.62nd sup.107.353rd sup.107.151st res.108.052nd res.108.253rd res.108.4Title: USD/JPY intraday: bullish bias above 107.6.Summary: Update on supports and resistances.Story: Pivot: 107.6
Our preference: Long positions above 107.6 with targets @ 108.05 & 108.25 in extension.
Alternative scenario: Below 107.6 look for further downside with 107.35 & 107.15 as targets.
Comment: Intraday technical indicators are mixed and call for caution.
http://www.tradingcentral.com/chart/...0624153149.GIF
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