USD JPY resumes the positive bias 02/01/2013

Economies.com
2013-01-02 05:53AM UTC

The pair succeeded to lean on 85.60 and bounced from there to the upside approaching from the main waited target at 87.50, that makes us continue in our bullish trend expectations on the short term basis which is getting a good support from EMA50.

 

Breaching above 87.50 will open the way for visiting the psychological barrier at 90.00

 

Expected trading range for today is between: 86.00 support and 88.00 resistance.

 

Expected trend for today: Bullish

 

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