Devin Sage TXA Trading :X-Sequentials Usd/Jpy Forecast for 8/2/10

By IBTimes Staff Reporter | February 07 2010 10:39 AM

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The Usd/Jpy reached with 89.09 on 1/27/2010 the upper zone of a forecasted down move area.

A up move was forecasted.

The high was at 91.28 on 2/2/10.

The market then plunged back into that forecasted down target zone ´till 88.53.

Fridays close : 89.19

Forecast:

The Usd/Jpy is still within that forecasted down target zone at 89-87.81 .

If the Usd/Jpy breaks above the minor high at 91.28 the X-Sequnetials X7 patterns inverse up move targets should unfold next .

Targets :

Target 1: 7XZ 1/2 : 96.65

Target 2: 7XZ 1/1 : 99.44

Chart : Usd/Jpy , X-Sequentials 60 Minute Chart

yours sincerely ,

Devin Sage ,TXA Trading

www.Technische-X-Analyse.de

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