In conditions of low trading volumes due to holidays in Japan pair dollar / yen broke today most of last week and entered the area above 92.00, while approaching the level of 92.20 pairs of upward movement to a halt. As noted by analysts Mizuho, the dollar / yen out of the overbought zone - in the bank waiting for the consolidation of a pair of near current levels, after which the end of September may drop below a mark of 91.00. As levels of resistance bank analysts put 92.26, 92.60 and 93.00. Support stood at 91.50, 91.31 and 90.98. As a trading strategy at the bank preferred to sell at 91.90 with a stop above 92.26 in anticipation of lower pairs to 91.50, 90.50 and, possibly, to 87.10. Now pair dollar / yen is at around 92.25.
No comments:
Post a Comment