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 Technical Analysis for USDJPY

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PostSubject: Technical Analysis for USDJPY   Technical Analysis for USDJPY Icon_minitimeTue Mar 19, 2013 9:30 am
Technical Analysis for USDJPY

The USDJPY had a bullish momentum yesterday and hit 95.73 earlier today. The bias is bullish in nearest term testing 96.00/25 or higher. Immediate support is seen around 95.00. A clear break below that area could lead price to neutral zone in nearest term testing 94.50/00 but overall I remain bullish and still prefer to buy on dips.

Technical Analysis for USDJPY Instaforex_mb_760x151_en

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