USD JPY negotiates the moving average 18/04/2013

Economies.com
2013-04-18 05:26AM UTC

The pair fluctuates around the EMA50 since yesterday, depending on the stability above this level to continue in our bullish trend expectations, while we get an overlapping signal by Stochastic.

 

Therefore, we are waiting for targets that mainly located at the psychological barrier 100.00, where the chances of achieving them remain valid unless breaking below 97.30

 

Expected trading range for today is between 97.30 support and 100.00 resistance.

 

Expected trend for today: Bullish

 

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