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Daily Forex Outlook: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 6, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The chart shows the movement after this week's high 99.66. As you can see the fall is very sharp but I think that it is corrective in nature. If I am right one should expect a recovery of at least 61.8 % retracement (the corresponding level is 98.48) before eventual...

    complete article here...

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