The USDJPY approaches the target – Analysis - 26-11-2019

Economies.com
2019-11-26 05:40AM UTC

The USDJPY pair traded with clear positivity yesterday to approach our first waited target at 109.33, waiting to surpass this level to open the way to achieve more positive targets that reach 110.50.

 

In general, we continue to suggest the bullish trend conditioned by the price stability above 108.40, noting that stochastic current negativity might cause temporary decline before resuming the expected rise.

 

The expected trading range for today is between 108.40 support and 109.70 resistance

 

The expected trend for today: Bullish

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