|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 92 is support. The pair is still moving above its short term bullish slant (blue lines) and that reinforces our bullish sentiment. The price should continue its movement towards the psychological resistance at 95 and reach 96 in extension. However, if the bullish slant is broken, a new pullback on 92 is expected.
In case of return below 92, we will be neutral between this level and 90.44. This level corresponds to the medium term bullish slant (purple line) and its break would give a sell signal.
Analysis published by Bruno, the 02/07/2013 at 8h45 GMT+2
|- Complete sheet of the pair USD/JPY - Previous USD/JPY Analysis -|
|Chart of the pair USD/JPY - Timeframe 1H|
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