USD JPY in sideways range 05/12/2012
Economies.com
2012-12-05 05:45AM UTC
The pair’s trading bounced to the upside after founding solid support at the supposed neckline for the pattern we mentioned yesterday at 81.70, where the price now trades within sideways range as shown in the image.
The next intraday trend depends on surpassing one of the critical level which restricts the next move, these levels are represented by 81.70 support and 82.80
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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