Wednesday, May 6, 2009

UNITED WOLRD CAPITAL Technical Analysis Daily: USD/JPY

The formed diversion gave us a valid warning of downward reverse scenario. The couple had an increasing momentum to the top 99.16 and closed yesterday at 98.84. Signals remain downward with targets towards the key support 98.02. The CCI indicator, is the overbought zone and downwards on the 1 hour.... UWCFX

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[Source: Technical Analysis Daily: USD/JPY]
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Posted by United World Capital Forex at 5:09 PM

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