USD JPY continues the calm decline 27/11/2012

Economies.com
2012-11-27 05:38AM UTC

The pair closed yesterdays’ trading negatively hitting now 82.00, where Stochastic is attempting to get rid of the negativity during this trading.

 

Until now, the bullish trend expectation remains valid, depends on the positive effect of the previous completed positive pattern, accompanied with EMA50’s support, we remind that stability above 81.45 is important to achieve the expected bullishness.

 

Expected trading range for today is between: 81.45 support and 83.45 resistance.

 

Expected trend for this week: Bullish

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