The USDJPY attacks the first target – Analysis - 08-11-2019
Economies.com
2019-11-08 05:37AM UTC
The USDJPY pair resumed its positive trades clearly yesterday and started attempts to breach 109.33 level, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, organized inside the bullish channel that appears on the chart, waiting to extend the bullish wave towards 110.50.
The EMA50 continues to support the suggested bullish wave, which its continuation requires holding above 108.40.
The expected trading range for today is between 108.60 support and 110.00 resistance
The expected trend for today: Bullish
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