USDJPY breaches the resistance – Analysis - 21-03-2018
Economies.com
2018-03-21 04:56AM UTC
The USDJPY pair breached 106.30 level and settled above it, which opens the way to provide positive trades that target testing 107.40 level mainly, making the bullish trend suggested for today.
The price stability above the EMA50 supports the expectations to rise, taking into consideration that breaking 106.30 will stop the suggested bullish bias and put the price under the negative pressure again.
Expected trading range for today is between 105.70 support and 107.40 resistance.
Expected trend for today: Bullish
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