|USD/JPY : Beginning of the big correction?|
--- New analysis ---
We now recommend to trade only short positions as far as 93 is resistance. A break of 91 will give a new sell signal. This level corresponds to the bullish slant. Thereafter, the price should also break the support at 90.45 to continue its downtrend towards 88.
In case of return above 93 (lower limit of the former uptrend channel), we will be neutral between this level and 94.18.
Analysis published by Bruno, the 02/26/2013 at 8h45 GMT+2
|- Complete sheet of the pair USD/JPY - Previous USD/JPY Analysis -|
|Chart of the pair USD/JPY - Timeframe 1H|
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