yen advanced after the World Health Organization said the swine flu outbreak cannot be contained, triggering demand for safer assets.With
R1: 96.80 ,R2: 96.95 and S1:95.40, S2:95.30.Yen chart pattern indicates bearish move for the day . Trading range for the day is expected between 95.50 – 96.62 levels . Stochastic and momentum are seen trending down and currency is also trading below the moving average level giving bearish crossovers but caution required as market is trading in the oversold areas.
R1: 96.80 ,R2: 96.95 and S1:95.40, S2:95.30.Yen chart pattern indicates bearish move for the day . Trading range for the day is expected between 95.50 – 96.62 levels . Stochastic and momentum are seen trending down and currency is also trading below the moving average level giving bearish crossovers but caution required as market is trading in the oversold areas.
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