SearchUSD/JPY Mid-Day Outlook15th February 2008 USD/JPYs fall from 108.59 extends further today reaching as low as 107.25 so far. At this point, intraday outlook is neutral. As discussed before, USD/JPYs corrective rise from 104.96 could have completed at 108.59, slightly below mentioned 108.61/71 cluster resistance (38.2% retracement of 114.77... This article is courtesy of EffectiveFX Economic Calendar for Today | Forex Broker - How To Choose | Daily Report: Will Retail Sales in UK & Canada Stir up a Quiet Market? Categories: Forex News |
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