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Usd/Jpy Correction

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 23, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    On the recent four hour yen chart below, traders can see that market has reached the 91.50-91.70 target zone for the second time this week, after the bounce from our Fibonacci support region, discussed on Tuesday. The 38.2% Fibonacci retracement of a blue wave A) distance (daily chart) has been...

    complete article here...
     
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