The USDJPY approaches the target – Analysis - 14-01-2020

Economies.com
2020-01-14 05:35AM UTC

The USDJPY pair resumed its positive trades yesterday to approach our waited target at 110.50, getting good positive support by the EMA50, which hints the price head to breach the mentioned level and open the way to achieve more gains.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 109.33 level and holding below it.

 

The expected trading range for today is between 109.50 support and 110.80 resistance

 

The expected trend for today: Bullish

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