USDJPY approaches the target – Analysis - 10-07-2018
Economies.com
2018-07-10 03:50AM UTC
The USDJPY pair resumed its positive trading clearly yesterday, starting today with more rise to approach our waited target at 111.32, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, noting that breaching the mentioned level will extend the pair’s gains to reach 112.00 followed by 113.38.
The bullish channel continues to support the price to achieve more rise, to keep the bullish trend suggested in the upcoming sessions conditioned by the price stability above 110.04.
Expected trading range for today is between 110.40 support and 112.00 resistance,
Expected trend for today: Bullish
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