USD/JPY : Critical Point 100.023 *LINK*

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Melbourne Qindex 03:05 GMT May 26, 2013 - My Profile
USD/JPY : Critical Point 100.023 : Reply
USDJPY
Entry: Target: Stop:

USD/JPY : Weekly Cycle Analysis

Last week the market hit the low and high at 100.67 and 103.736 respectively and it closed in the New York session at 101.10. The weekly cycle normal lower limits were positioning at 98.332 - 100.458 - 101.11. It is interesting to see whether USD/JPY will retrace further next week. I would assume the market will tackle 98.332 when its downward trending momentum is strong enough to penetrate through 100.023* // 100.458. On the other hand the market is positive when it is trading above 102.348 // 102.684.

Qindex.com

USD/JPY : Monthly Cycle Charts
http://www.qindex.com/yen.html

USD/JPY : Monthly Cycle Charts

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