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USD/JPY INTRADAY: CAPPED BY A NEGATIVE TREND LINE.
2011-12-09 10:07:17

 

Pivot: 77.7

Most Likely Scenario: Short positions below 77.7 with targets @ 77.26 & 77 in extension.

Alternative scenario: Above 77.7 look for further upside with 77.9 & 78.1 as targets.

Comment: The RSI calls for a new downleg.
 
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AUD/USD INTRADAY: KEY ST RESISTANCE AT 1.03.
Pivot: 1.03

Most Likely Scenario: Short positions below 1.03 with targets @ 1.02 & 1.015 in extension.

Alternative scenario: Above 1.03 look for further upside with 1.034 & 1.04 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.03.

 



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