1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Forex Technical Update

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 14, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Yen appreciated sharply as the pair tested bids around the 100.60 level and was capped around the 102.25 level. Technically, Friday's intraday low was right around the 38.2% retracement of the move from 108.60 to 95.70. The daily and 4-hrly charts are showing strong buying pressure while the hrly charts...

    complete article here...

Share This Page