USD JPY stuck 12/12/2012
Economies.com
2012-12-12 05:27AM UTC
The pair remains stuck between the sideways range levels between 82.80 and 81.70, as we mentioned in our previous report that the next trend depends on surpassing one of these levels.
Accordingly, we must continue monitoring the price behavior according to the mentioned level where breaching above 82.80 will push the price to test 83.45 initially, while breaking below 81.70 will lead to retest 80.60.
Expected trading range for today is between: 81.00 support and 83.50 resistance.
Expected trend for today: Depends on the above mentioned levels
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