The USDJPY achieves the extended targets – Analysis - 31-03-2021

2021-03-31 04:14:27 GMT (Economies.com)
 

The USDJPY pair rallied upwards strongly to surpass our waited target at 110.30 and reach the extended target at 111.00, organized inside the bullish channel that appears on the chart, which has positive targets that extend to 111.70.

 

Therefore, the bullish trend will remain suggested on the intraday and short term basis, noting that breaking 110.15 might press on the price to test the key support 109.20 before any new attempt to rise.

The expected trading range for today is between 110.30 support and 111.60 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1947
0.0036
0.3018%
1.3752
0.0004
0.0269%
Tadawul
9838.28
-73.25
0.74%
25.372
0.277
1.104%
60.399
0.009
0.015%
63.82
0.54
0.85%
1744.875
7.940
0.457%
 
 
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