USD JPY leaves the sideways range 13/12/2012
Economies.com
2012-12-13 05:24AM UTC
The pair managed to breach the sideways range resistance shown in the image at 82.80, to test now the strength of 83.45 which is considered as the most important barrier for the short term bullish trend.
We are now suggesting continuing the bullish trend, but with achieving two main conditions:
First: breaching above 83.45 to open the way towards 85.60
Second: holding above 81.70
Expected trading range for today is between: 82.80 support and 85.60 resistance.
Expected trend for today: Bullish
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