USD JPY approaches the target 22/04/2013

Economies.com
2013-04-22 05:27AM UTC

The pair remains in its positive trading approaching from the bullish channel resistance that rise towards 100.65, where it represents the main target for the current bullish wave, to continue in preferring the bullish trend for today, supported by EMA50, while Stochastic might cause some temporary fluctuation.

 

Breaching above 99.93 is important to reinforce the suggested positive scenario.

 

Expected trading range for today is between 98.20 support and 100.65 resistance.

 

Expected trend for today: Bullish

 

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