Pricing pattern within the channel is visible in the AUDUSD pair. In the short run the channel will be on upward movement. The pricing for Dec 2, 2013 will be 0.9537.
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USD JPY Price Convergence
Much has been expected out of USD in the last month. However, the performance against yen has been quite outstanding so far.
In the coming days and weeks ahead a strengthening dollar would drive the momentum upwards. So far the pair has been maintaining the behaviour within the channel.
The expected price break on Dec-2-2013 at GMT 12:00 == 99.70.
In the coming days and weeks ahead a strengthening dollar would drive the momentum upwards. So far the pair has been maintaining the behaviour within the channel.
The expected price break on Dec-2-2013 at GMT 12:00 == 99.70.