Technically speaking, the USD/JPYs faces our new downtrend lines along with intraday and 2/7 highs. Meanwhile, the highly psychological 90 area could have an influence over movements in the USD/JPY over the near-term. As for the downside, the USD/JPY has multiple uptrend lines serving as technical cushions along with intraday…

This entry was posted on Wednesday, March 10th, 2010 at 8:30 pm and is filed under Forex Trading. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.