USD JPY confirms the breach 16/11/2012

2012-11-16 06:01:08 GMT (Economies.com)
 

The pair rallied sharply to the upside yesterday surpassing 80.70 and settled above, to offer signals for more  expected bullish moves on the intraday and short time basis.

 

For now there are bullish targets located around 84.00, where we can see a positive technical pattern completed by confirming the breach of 80.60-80.70 levels, pointing that breaching below these levels will stop the mentioned bullish trend.    

 

Expected trading range for today is between: 79.00 support and 81.50 resistance.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2063
0.0010
0.0826%
1.3898
0.0004
0.0273%
Tadawul
10228.35
-26.53
0.26%
27.317
0.798
3.009%
64.829
0.919
1.438%
68.16
-0.80
1.16%
1814.215
24.630
1.376%
 
 
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