Friday, January 6, 2012

USDJPY Weekly View's Update

USDJPY made a low of 76.60 which was exactly the level where I had recommended to go long (visit http://goo.gl/Ekzbp for detailed view). I hope those who traded according to my view might have booked profits, if not than please book your profits either at these levels or if it again bounces back upto 77.25, as the week is coming to an end. For sometime it can take a resistance of 77.30 but 77.45 is a good intraday resistance. 76.82 can act as a good intraday support.

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