USD JPY near the upside channel’s support 28/03/2013
Economies.com
2013-03-28 05:41AM UTC
The pair is approaching gradually from the bullish channel support that appears in the image at 93.45, and the price is under EMA50 negativity, while Stochastic reaches the oversold levels, therefore, these mixed signals force us to stay aside now, where monitoring the price according to the support level 93.45 and 94.75 resistance is required, these levels have the keys of detecting the next intraday trend.
Expected trading range for today is between 92.70 support and 95.70 resistance.
Expected trend for today: Neutral
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