| Sep 2 2010, 21:46:06 GMT | Sydney: | 07:46 | Tokyo: | 06:46 | Barcelona: | 23:46 | London: | 22:46 | New York: | 17:46 | San Francisco: | 14:46 |
USD/JPY Analysis
Stoyan Mihaylov , DELTASTOCK AD
Published 02/09/2010
- 7:50 a.m. EST
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Current level - 89.70
The overall downtrend has been renewed with the recent break below 87.12. Trading is situated below the 50- and 200-day SMA, currently projected at 89.50 and 93.54.
Although current bias is neutral, the downtrend for 87.36 is intact and a break below 89.10 will renew the slide towards 88.24. Initial resistance comes at 90.06.
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