USD/JPY Candlesticks and Ichimoku Analysis

Feb 8 2010

The greenback moved in line with our expectation, met renewed selling at 91.28 (we suggested that Kijun-Sen at 91.30 would limit upside) and fell again towards our indicated downside target at 88.32 (last week's low was 88.55), however, as this move from 93.78 is still viewed as a strong correction...