Wednesday, December 28, 2011

Dollar against the yen - 28/12/2011

Dollar against the yen - 28/12/2011

The pair is trading the dollar against the yen very slightly negatively within a very narrow range in the last few days, which will continue trading on the level of resistance to the main channel downlink shown above.
In general, we still hold onto our force to see a downward trend likely in the short term, with the reminder that the price beyond 50 MA first to acquire the incentive technician paid to attack the level of support the most sensitive at 76.30 trading range expected for the day between: support 76.30 and resistance 79.00

General tendency is expected for the day: the downside

Forex

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