Current level - 1.5171
The intraday bias is negative again and every rebound above 1.5160 is
expected to be limited below 1.5220, before deeper
drowning towards 1.5026 support area.
good luck
Showing posts with label 21-5-2013. Show all posts
Showing posts with label 21-5-2013. Show all posts
Tuesday, 21 May 2013
USD/JPY 21-5-2013
trading USDJPY
May 21, 2013
Current level is 102.73
My outlook here is negative, for a break through 102.45 minor support, to 101.80 crucial low. A clear break below the latter will signal a broad consolidation pattern for 101.24 and probably 100.00 sentiment area.
good luck
EUR / USD 21-5-2013
TECHNICAL ANALYSIS
May 21, 2013
Current level is among 1.2876
The bias here is positive above 1.2840-50 support area
and I favor a rise towards 1.2940 and 1.3020.
Crucial on the downside is 1.2840 and initial minor resistance is projected at 1.2900.
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