Japanese Yen remained pressured from the large rally in stocks although kept to a very tight range with low liquidity on Friday.
Technical Outlook:
R1: 100.85 S1:100.00
R2: 101.20 S2:99.80
Yen chart pattern indicates bullish movement for the day . Trading range for the day is expected between 100.05 – 100.80 levels . Stochastic and momentum are seen trending up and currency is also trading above the moving averages.
R2: 101.20 S2:99.80
Yen chart pattern indicates bullish movement for the day . Trading range for the day is expected between 100.05 – 100.80 levels . Stochastic and momentum are seen trending up and currency is also trading above the moving averages.
No comments:
Post a Comment