GBPJPY TECHNICAL ANALYSIS
9/21/14 11:57 AM
Pacific Standard Time
The pair is trading below its
pivot point. It is likely to trade in a lower range as far as it remains below
its pivot point. Short position is still to come target at 175.60-176.40.
A break of this target will move the pair further downwards to 174.30. The
pivot point stands at 179 area In case the price moves in the opposite
direction and bounces back from the support level, then it will moves higher.
It is likely to move further to the upside. In that scenario, a long position
is recommended with the target at 189.20.
we got the targets, whats next:
need to pay attention to 189 area if you look the charts you can see the resistance its happen also at 2007
support levels : 184 area
key support :171 area
This review does not including any document and / or file attached to it as advice or recommendation to buy / sell securities and / or other device.
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