The USDJPY attacks the resistance – Analysis - 26-03-2021

2021-03-26 04:42:08 GMT (Economies.com)
 

The USDJPY pair shows more rise to start attacking 109.22 level, which hints the price head to activate the positive scenario in the upcoming period, on its way to visit 110.30 that represents first positive target.

 

Therefore, the bullish trend will be suggested for today supported by moving above the EMA50, noting that breaking 108.85 will stop the expected rise and press on the price to turn to decline.

The expected trading range for today is between 108.80 support and 109.90 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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