USD JPY retests 18/12/2012

Economies.com
2012-12-18 05:38AM UTC

The pair approached from retesting 83.45 and bounces to the upside continuing in the bullish trend scenario suggested in our previous report, supported by EMA50, to target 85.50 as a next main station.

 

Note that breaking below 83.45 will turn the intraday trading to the downside to test 81.80

 

Expected trading range for today is between: 83.45 support and 85.50 resistance.

 

Expected trend for today: Bullish

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