The USDJPY achieves strong gains – Analysis - 28-01-2021

2021-01-28 05:37:02 GMT (Economies.com)
 

The USDJPY pair rallied upwards strongly to breach 103.90 and settles above it, which stops the recently suggested negative scenario and leads the price to turn to rise, on its way to head towards 105.20 as a next positive target.

 

Therefore, the bullish trend will be expected for the upcoming sessions unless breaking 103.65 and holding below it.

The expected trading range for today is between 103.65 support and 105.00 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2057
0.0004
0.0295%
1.3886
-0.0008
0.0576%
Tadawul
10228.35
-26.53
0.26%
27.297
0.778
2.934%
64.719
0.809
1.266%
68.13
-0.83
1.20%
1813.770
24.185
1.351%
 
 
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