13:10 (CET) - UsdJpy: dollar broke the large trend
By IBT Staff Reporter On
The price seems to have stopped. It formed a resistance at 93.3 yens per dollar. The long trend we mentioned in the morning was surpassed. The price has now to consolidate, forming a lower low. As there is a minor resistance at 93.3, the price could try to reach 92.727, as the main target.Right now, the pair is trading at 92.99 yens per dollar.