yen on bull note

JPY eased further against the greenback as Fed Chairman Bernanke said he didn’t anticipate rescuing another Wall Street firm.Yen is expected to be on bull note with trading range expected between 101.90-102.90.the support is expected at 101 levels and resistance at 103.10 Momentum and stochastic supports the currency to be on upward trend. The Averages of MACD also indicates the currency to be on bull note for the day.