Nowadays, we see that the dollar-yen is trying to break the line of tendency to the loss of 89.48 in the graphs intraday. If it manages to do it, we will be against a new tendency in a new week. This line of tendency is very near the resistance of 89.39, and is why this will be the resistance of the day. Its rupture would indicate this pair goes to the levels of backward movement of Fibonacci of short term, and main the 3 levels are in 90,02, 90.43 and 90,83. We chose first and the last one of them like objectives stops to break the 89,39.
As far as the resistance of 88.81 it has demonstrated force until the moment (please it refirase to the graphical associate). Therefore we are going, it to adopt like support of the day, and if he is broken, it would not leave a new tendency today, the fall will continue, and the following set of objectives, will be 88.00 and 87.35, the majority of them are especially important levels of support. Support: 88,81: Low of the 7 of October. Wells Fargo Bank is actively involved in the matter. 88,00: Fibonacci 61.8% for the short term. 87.35: Low of the 9 of December. Resistance: 89,39: Line of slightly decreasing tendency of 89.48 in the graphs intraday.
90,02:38,2% of Fibonacci for the fall of 92,31. 90,83:38,2% of Fibonacci for the fall of 92,31. Analysis of the type of change by: Forexpros.es with the participation of Munther MarjiExoneracin of responsibility: The operating one of futures, options and currencies entails significant an associate risk and perhaps he is not advisable for all type of investor. It would have to analyze carefully if before his particular situation you count on the knowledge, the experience and the resources necessary to operate in these markets. Perhaps he loses all the inverted capital or that their losses surpass to the bottoms deposited initially. He follows our advice, opinions and recommendations and makes money with forex. Greetings, Forexpros.