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USD/JPY-The RSI is neutral but the MACD is slightly bullish

By:

Finotec

18-11-2008

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Market strategy is to buy on a break of 97.05 sell on a failure to break

The RSI is neutral but the MACD is slightly bullish.
The pair is being traded in a range of 98/96 in the last days; the close support comes around 96.20 resistance at 97.05.
Market strategy is to buy on a break of 97.05 sell on a failure to break

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Next Analysis: USD/CHF-The MACD is after a bearish cross with a rise in the selling proportion

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