i think it is in consolidation state .... between 89.04 and 88.61 ... it needs to break support 88.61 .... given the sentiments of Obama's Asian Tour ... i guess there are more chances to move up above 89.04
until the two lines (89.04 and 88.61) break decisively, i am waiting for Mr.Market to tell how he is going to move
The previous wk low of 88.564 has been broken. The pair has reached its lowest level in 6 weeks. The new wk low I see now is 88.549. My target is still 88.
The highest LOW for UJ today touched in 88.35
NOW uj stop down ???
what everybody think ?..
Ignored
I believe there could be a trend change around 88. That area is where there was a bounce back in October. I expect some consolidation around there. If price wants to break through for a while, could go lower for a bit I think.
I believe there could be a trend change around 88. That area is where there was a bounce back in October. I expect some consolidation around there. If price wants to break through for a while, could go lower for a bit I think.
Ignored
i agree with you man...but i believe 87.90 do not broken
Hey new to this thread. I trade this pair both on the 4 hour and the daily. On my daily strategy i've had a sell open since the end of October waiting to see what it does at next support and whole number 88.00.
