USD JPY in sideways’ range 26/11/2012

Economies.com
2012-11-26 05:40AM UTC

The pair shows sideways trading range recently with slight bearish bias after approaching from 83.00, and affected by Stochastic .

 

In general, we still expect continuing the bullish trend on the short term as long as the trading remains above 81.45, and the main targets begin at 83.45 followed by 84.10

 

Expected trading range for this week is between: 82.00 support and 84.10 resistance.

 

Expected trend for this week: Bullish

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