DOLLAR OF THE USA
-->

1

Mizuho Bank. Recommendations about dollar/yen.

Dollar/yen. Some instability in steam, and also in some jenovyh cross-countries is at the moment observed. The collapse which was taking place this morning, can generate "the bear absorption ", and having dug more low 121.00 to provoke operation of stop warrants to sale. The dollar has left a zone perekuplennosti, and bull momentum a little oslab. We continue to call for observance of extreme care as current movement has potential to pour out in formation "a falling star ". Trade more low 121.50 with the subsequent falling to 120.00 This morning is expected. Strategy: small sale in a case otskoka to 121. Stop above 121.90. The Short-term objective 120. Nicole Eliot, the London division Forexpf. Ru - Forex News / news Forex