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4 Jul 2013
USD/JPY sideways trading at 100.00 barrier
FXstreet.com (New York) - The USD/JPY foreign exchange rate has been trading statically at the 100.00 barrier Thursday, unable to break off this region.
USD/JPY trading at support
In these moments, the USD/JPY technical pair is advancing at +0.06%, navigating the region of 100.06 during US trading. Mataf.net analysts postulate the next resistances at 100.74, onto 101.57, and 102.31.
USD/JPY bearish correction possible?
According to the Technical Analyst Team at ICN.com, “The USD/JPY failed to stabilize above the 99.95 level today, which is negative supporting the possibility of a bearish correction. Linear Regression Indicators are covering the pair from the upside supporting our expectations.”
USD/JPY trading at support
In these moments, the USD/JPY technical pair is advancing at +0.06%, navigating the region of 100.06 during US trading. Mataf.net analysts postulate the next resistances at 100.74, onto 101.57, and 102.31.
USD/JPY bearish correction possible?
According to the Technical Analyst Team at ICN.com, “The USD/JPY failed to stabilize above the 99.95 level today, which is negative supporting the possibility of a bearish correction. Linear Regression Indicators are covering the pair from the upside supporting our expectations.”