USD/JPY-market strategy can be a sell form the level 91.89

Tammy Wally
25 May 2010

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USD/JPY-market strategy can be a sell form the level 91.89 Technical oscillators supporting the bearish trend for the currency pair To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD in a bearish direction below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bearish direction. Also, MA oscillators indicate a bearish cross on the short MA line. Buying from 89.76 on a break.

Finotec Analysis Team
25 May 2010

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