The USDJPY didn’t make significant movement yesterday. As you can see on my h1 chart below price still struggling around the minor trendline resistance without significant momentum indicating no clear direction so far. The bias is neutral in nearest term and I think I will stay away from this pair for now. Expected range at 93.75 – 91.71.
©2010 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.