Yen traded in line with our expectation and has reached our target at 114.70. However we exited our 113.80 buy position at 114.35 for a 55 pips profit. For now we would expect 114.00 to provide support for the currency to raise towards 115.50. So prefer buying again at 114.10 for the above said target to be reached.
Buy @ 114.10 for 114.90 min, with stop below 113.80.
"PERFORMANCE FOR THE MONTH OF Dec,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!
