No news for the USDJPY – Analysis - 08-09-2020

Economies.com
2020-09-08 04:00AM UTC

The USDJPY pair did not show any strong move yesterday, to remain stable below 106.44, while stochastic loses its positive momentum clearly, which supports the expectations of continuing the bearish trend for the upcoming period, which its next main target located at 105.20, while holding below 106.44 represents key condition for its continuation.

 

The expected trading range for today is between 105.60 support and 106.70 resistance

The expected trend for today: Bearish

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