InstaForex - Analytics


    736.75 6.25/10
    62% of positive reviews

    USD/JPY Intraday Technical Levels for June 1, 2012

    The pound is trading higher against USD but lower against the crosses. The cross made a double to at 1.9762 and changed the direction. The cross has been falling for 3 consecutive days. At yesterday's session, the cross closed below 20 & 50Dsma. The cross has been making higher lows formation for 8 consecutive months. At today's Asian session, the aussie is trading higher against GBP. On Tuesday, we recommended both buying and selling opportunities. We recommend intraday selling below 1.9645. The pair made a low at 1.9306. The nearest support is found at 1.9270 20Wsma. Bulls need to close above 1.9270, otherwise another 200 pips will be wiped out (like 1.9100, 1.9050, and 1.8975). We recommend fresh selling below 1.9268. At the Asian session, AUD is trading higher against GBP.


    Show full picture
    Uitgevoerd door, Analytische expert
    InstaForex Group © 2007-2015

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree