Technical analysis of USD/JPY for December 27, 2013 – MT5

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Technical analysis of USD/JPY for December 27, 2013Overview:
USD/JPY is trading with bullish bias. The break above 104.45 is a positive signal that has opened a path to 105.15. Daily chart is positive-biased as MACD and stochastics are turned bullish; five- and 15-day moving averages are advancing.  Trading recommendations: The pair is trading above its pivot point. It is likely to trade in […]