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Daily Forex Analysis – February 8, 2013

Forex Analysis

This post by ForexCycle.com has been reprinted from Forex Market Analysis.

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USDJPY Analysis. USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 88.06. Support is located at the lower line of the channel, as long as the channel support holds, the uptrend could be expected to continue after a minor consolidation, and next target would be at 95.00 area. On [...]

ForexCycle.com @ February 8, 2013

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