USD JPY with more sideways move 11/12/2012
Economies.com
2012-12-11 05:46AM UTC
The pair still stuck between the sideways range lines shown in the image, these levels are represented by 81.70 support and 82.80 resistance, while we are waiting for surpassing one of these levels to confirm the next trend on the intraday and short term basis.
Stochastic is neutral now and doesn’t offer priority for any trend.
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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