As expected Yen has rallied above 117.00 but we could not initiate a buy position. For now next target on the top comes at 117.70 and 1189.30. So we would prefer stay long, looking to initiate a buy at 116.80 for the currency to rally towards 118.00.
Buy @ 116.80 for an open target, with stop below 116.50.
"PERFORMANCE FOR THE MONTH OF NOV,2005 UPLOADED IN THE SITE"
By N. Rajesh Kumar,
Forex Leads,
Email:
rajesh@forexleads.com ,
# 3 G-1 Ambal Flats,
Sathyavathi Nagar,
Padi Chennai 600050,
Phone: + 91 44 26549159
Fx-charts.com Disclaimer: The information contained on this website is subject to change without notice, views and opinions expressed on fx-charts.com may be those of individual authors and may not necessarily be the views of fx-charts.com or its officers and employees, we make no claim to the accuracy or timeliness of any information contained herein. We recommend obtaining advice from a suitably qualified financial advisor before entering into any financial transactions or agreements. The use of this website constitutes acceptance of our privacy policy, disclaimer and terms of use. This website is available for information and educational purposes only.
Need a forex broker? click on any of the buttons for more info!
