Dollar Yen (USD/JPY)

103.9800 -0.19 % Dernière cotation : 18h28

USD/YEN Weekly Outlook

08/11/2006 par freemann 0
The USD is no slightly oversold , my study of the WEEKLY chart hints of a steady range.

The USD/ YEN Will trade between 119.50 and 116.50 with prices most between 119 and 117.

We will hold for one week or two in this range (119.50-116.50) as the weekly chart suggest.

SELL the rallies for a drop to 114 area by the end of the month.


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