Mixed trading for USD JPY 22/03/2013
Economies.com
2013-03-22 05:59AM UTC
The pair felt sharply and approaches again from the critical support 94.45, this level represents a retest for the previously breached horizontal resistance, therefore, it has the key of the next intraday and short term trading.
Now, we are forced to stay aside, in order to monitor the price behavior according to the critical levels, represented by 94.45 support and 95.65 resistance, and the contradiction between the technical indicators is another reason for our neutral attitude.
Expected trading range for today is between 93.70 support and 96.00 resistance.
Expected trend for today: Neutral
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