Forex Academy Quick Links:
Language:
English

USDJPY Daily Forecast: June 30

USDJPY Daily Forecast: June 30
Tuesday, June 30th, 2009 @ 12:24 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own. Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

About Me My Articles

USDJPY Daily Forecast

The USDJPY was corrected higher yesterday. On h4 chart below we can see that the pair is now re-testing the trendline resistance. I think this is a normal correction and as long as the pair stay below key resistance 96.70 I still prefer downside scenario. The bias is bullish in nearest term testing 96.70 resistance area.  Immediate support is seen at 95.00. CCI in neutral area on daily chart.

usdjpy4hchart

No Responses to “USDJPY Daily Forecast: June 30”

No comments posted yet.

Leave a Reply

Submit Your Comment

Our Global Forex Community

Follow us on Twitter! Join us on Facebook! Watch us on YouTube! Stumble Us!

Advertising

Next Free Forex Webinar

Free Market Commentaries

Advertising

Blog Archive

Forex Links

Educational Partners

The Geek Knows
AgriMoney.com
Traders' Magazine

Finance Blogs Blogarama - The Blog Directory