Low parties' activity as a result of previous trading day did not bring in any changes to earlier opened short positions. Hence as before because of presumptions about further range movement of the rate for opened sells the targets will be 99.60/80, 99.00/20 and/or further breakout variant up to 98.40/60, 97.80/98.00, 97.00/40. An alternative for buyers will be above 100.80 with the targets 101.20/40, 101.80/102.00.
Thursday, June 4, 2009
JPY
Low parties' activity as a result of previous trading day did not bring in any changes to earlier opened short positions. Hence as before because of presumptions about further range movement of the rate for opened sells the targets will be 99.60/80, 99.00/20 and/or further breakout variant up to 98.40/60, 97.80/98.00, 97.00/40. An alternative for buyers will be above 100.80 with the targets 101.20/40, 101.80/102.00.
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