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Forex Market Alerts
Chart USD/JPY Update: Failed to clear 90.00, but downside still limited
Wed, Feb 10 2010, 05:44 GMT
by FXMarketAlerts Team
FXMarketAlerts | View company's profile
Intraday Analysis from FXMarketAlerts.com
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Published at 05:32 (GMT) 10 Feb
10 Feb USD/JPY Daily
Easing back after the failure to clear the 90.00 level though downside to see support now at 89.50/55 then the 89.32 and 89.12/17 lows. Further strength seen later while the latter keep bears in check. Lift above the 90.00/15 area see resistance at 90.50 and 90.92/94. [P.L]
R5: 91.88 * 21 Jan high
R4: 91.28 * 3 Feb high
R3: 90.92/94 2, 1 Feb highs
R2: 90.50 intraday level
R1: 90.07/15 * 3 Feb low, 100-day MA
S1: 89.50/55 intraday level
S2: 89.32 * hourly low
S3: 89.12/17 8, 9 Feb lows
S4: 88.82 5 Feb low
S5: 88.55 * 4 Feb low a
Published on Wed, Feb 10 2010, 05:52 GMT
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