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ISM Services PMI Disappoints; Holds Back USD/JPY's Rally for Now
Stocks, Unit trusts, Wealth Management and Forex markets
03-05-2012, 11:11 PM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,296
Potenza rep: 10
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ISM Services PMI Disappoints; Holds Back USD/JPY's Rally for Now
The USD/JPY is seen in the 4H chart with bullish momentum as the RSI pushed above 70 and has stayed above 40. At the moment the 81.00 handle and declining channel resistance is the limit of the bullish outlook ahead of Friday's Non-Farm Payroll. If the market can push above 
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