Tuesday, May 12, 2009

UNITED WOLRD CAPITAL USD/JPY Mid-Day Outlook

USD/JPY's fall continues after brief recovery and dives to as low as 96.71 so far in early US session. At this point, intraday bias remains on the downside for 95.61 support next. As mentioned before, USD/JPY could be forming a head and shoulder top pattern (ls: 99.67, h: 101.43, rs:.... UWCFX

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[Source: USD/JPY Mid-Day Outlook]

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