USD JPY is positive 06/12/2012

Economies.com
2012-12-06 05:51AM UTC

The pair offered positive trading yesterday approaching from the sideways range resistance mentioned yesterday at 82.80, where it is expected that the sideways range will remain the dominant as long as the trading was limited between this range lines which represented by 81.70 support and 82.80 resistance.

 

Note that breaching 82.80 will open the way for continuing the bullish trend which begun after breaching 80.60, and the next target is testing the strength of 83.45.

 

Expected trading range for today is between: 81.00 support and 83.45 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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