Yen Technical Outlook

Published April 24th, 2009 - 06:55 GMT
Al Bawaba
Al Bawaba


I continue to favor the downside against 98.46.  The long term trend remains down and I am looking for a resumption of that trend.  Former support is potential resistance at 97.57.  Short term bearish targets are at 96 and 94 (near former daily lows).