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USD/JPY

By:

Finotec

21-12-2007

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The pair can test the next resistance level 113.50 an go lower

Hourly chart shows a correction down while strong support level stands at 112.75.

Technical Inicators that support a bearish tendency are:

RSI pointing down to oversold level

MACD - EMA`s after a bearish crossover and bellow the zero line

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Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no

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