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JPY-109.57 15th May,2006 Pre-European Update Yen did not get to our buy level during the Japanese session and we missed entry and the market. For now the current lows should hold the decline and there should a rally towards 111.00 levels. We now prefer to buy on dips near 109.30 for 110.50 min and even 111.00 with stop below 109.00. Buy @ 109.30 for 110.50 with stop below 109.00. By N. Rajesh Kumar, Forex Leads, Email: rajesh@forexleads.com , # 3 G-1 Ambal Flats, Sathyavathi Nagar, Padi Chennai 600050, Phone: + 91 44 26549159  Fx-charts.com Disclaimer: The information contained on this website is subject to change without notice, views and opinions expressed on fx-charts.com may be those of individual authors and may not necessarily be the views of fx-charts.com or its officers and employees, we make no claim to the accuracy or timeliness of any information contained herein. We recommend obtaining advice from a suitably qualified financial advisor before entering into any financial transactions or agreements. The use of this website constitutes acceptance of our privacy policy, disclaimer and terms of use. This website is available for information and educational purposes only. |
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