USD JPY attempts to settle positively 08/01/2013
Economies.com
2013-01-08 05:42AM UTC
The pair declined to retest 87.50, where it remains keeping the daily close stability above this level, which keeps the positive expectations valid, targeting 90.000 mainly.
But we need to be aware for the continuous negative pressure of Stochastic which might force the price to accomplished more moves to the downside and breaking the aforementioned support.
Expected trading range for today is between: 87.00 support and 89.00 resistance.
Expected trend for today: Bullish
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