Wednesday, June 17, 2009

UNITED WOLRD CAPITAL USDJPY: Maintaining Downside Bias Nearer Term

Having broken back into its broken falling channel and 200 daily ema , USDJPY continues to face downside weakness testing a low of 95.96 in early trading today. Further down, supports are located at the 94.45 level, its Jun'01'09 high with a turn below there allowing for further losses towards.... UWCFX

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[Source: USDJPY: Maintaining Downside Bias Nearer Term]
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Posted by United World Capital Forex at 5:41 PM

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