USD JPY leans on the moving average 08/05/2013
Economies.com
2013-05-08 05:08AM UTC
The pair approached from the EMA50 as was expected yesterday, and the trading bounces higher which allows the price to resume the expected rise on the intraday basis, waiting for targets that surpass 99.70 reaching initially towards 101.00
Stochastic supports these expectations, which remain valid conditioned by the stability above 98.60
Expected trading range for today is between 98.60 support and 101.00 resistance.
Expected trend for today: Bullish
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