The USDJPY around the moving average – Analysis - 31-05-2019
Economies.com
2019-05-31 01:13AM UTC
The USDJPY pair provided more positive attempts, but it returns near 109.44, as long as the price is below 110.08, so our bearish trend expectations will remain valid, and the price needs to break 109.44 to ease the price mission towards 108.80 that represents our next main target.
Note that the EMA50 and stochastic form negative factors that support the expectations of moving lower.
The expected trading range for today is between 108.80 support and 110.00 resistance
The expected trend for today: Bearish
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