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USD/JPY looking strong for next week

Published on Saturday,7:35 am, September 5, 2009 by Ramiz
  • Usd/jpy has breaked some imp resistance levels and now its on the up trends . Moreover, Its trading above the 50 day average line so it will remain in up trend in this week with some small correction.
  • It will open in Up direction When market open on monday and will continue to go till @ 93.24 and then 93. 48 check this level as resistance.
  • It will be good long trade for this week.
3 Responses
  • by kkavya September 5, 2009 at 7:33 pm

    hi ramiz, nice one to make 40-50 pips, also
    USD/CAD will go to 1.0910, so a good oppurtunity to earn atleast 40 pips more

  • by Ramiz September 6, 2009 at 1:11 pm

    Yes kkavya Usd/cad will aslo up but i think more opp on usd/jpy

  • by shabbz September 7, 2009 at 5:19 pm

    Ramiz i think the yr tip turned out to be wrong i opened at 93.08 when market opened fw hrs . Now its at 92.90.

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