Usd/Jpy Bullish Bias

Usd/Jpy reversed sharply on the upside over the past week, after the 61.8% Fibonacci retracement zone (84.80-93.73 move) was tested. A five wave move of decline is now finished at 88.13, where a bullish reversal turning point has started with a black wave A/1

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Usd/Jpy Bullish Bias

Tags: past, upside

This entry was posted on Monday, March 8th, 2010 at 12:35 pm and is filed under Action Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.