DislikedDate: 2008/06/20Time: 10:00 (GMT +2)Ticker: JPYLast: 107.72Pivot: 1081st sup.107.452nd sup.107.013rd sup.106.61st res.1082nd res.108.43rd res.108.6Title: USD/JPY intraday: The downside prevails.Summary: Update on supports and resistances.Story: Pivot: 108
Our preference: Short @ 107.9 with targets @ 107.45 & 107.01 in extension.
Alternative scenario: Above 108 look for further upside with 108.4 & 108.6 as targets.
Comment: The RSI is capped by a bearish trend line.
http://www.tradingcentral.com/chart/...0620095949.GIFIgnored
nice TA u have!!
sonic