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 Technical Analysis for USDJPY

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fxpulsation




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PostSubject: Technical Analysis for USDJPY   Technical Analysis for USDJPY Icon_minitimeFri Mar 29, 2013 10:11 am

Technical Analysis for USDJPY

The USDJPY had another indecisive movement yesterday. The bias remains neutral in nearest term. Price is testing 94.00 – 93.50 key intraday support which seems to be a good place to buy with a tight stop loss. On the upside, nearest bullish target remain around 96.00. On the downside, a clear break below 93.50 would interrupt the bullish scenario and continue the bearish correction.

Technical Analysis for USDJPY Instaforex_mb_760x151_en
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