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USDJPY reaches target level at the 38.2% Fibo support.

February 17, 2011 by admin Leave a Comment

The move below the 100 hour MA and floor support at the 83.49 level targeted the 83.12 level (SEE PRIOR POST BY CLICKING HERE). The low has reached the 83.14 and is finding the bids. Look for dip buyers against the level with additional support at the 200 hour MA at the 83.04 level

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USDJPY reaches target level at the 38.2% Fibo support.

Filed Under: Forex News Tagged With: below-the-100, bids, level, level-targeted, market insights, move-below, the-100, the-83-04, the-83-12, the-83-49, the-level, topside

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