USD/JPY Technical Analysis (US Dollar / Yen)
January 25, 2013 1:51 AM EST
|USD/JPY : A new annual high result of the takeover of the right in Japan|
--- Follow up analysis ---
We continue to advise long positions as far as 88 is support. A stay above 89 would comfort our bullish sentiment. This level corresponds to the lower limit of the channel. The upward break of 90 should allow a further bullish momentum on the pair towards 91/91.50.
In case of return below 88, we remain neutral between this level and the major support at 87. This level corresponds to a bullish slant which is leading the long-term uptrend since last November.
Analysis published by Bruno, the 01/24/2013 at 8h45 GMT+2
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