The USDJPY attempts to breach – Analysis - 04-02-2021

2021-02-04 05:54:39 GMT (Economies.com)
 

The USDJPY pair shows positive trades now and begins testing 105.20 level, waiting to surpass this level to confirm the continuation of the bullish trend, which targets 106.00 followed by 106.44 levels as next main stations.

 

The EMA50 continues to support the price from below, to keep our bullish overview unless breaking 104.80 level and holding below it, as breaking this level might press on the price to visit 104.40 followed by 104.00 levels before any new positive attempt.

The expected trading range for today is between 104.50 support and 105.80 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2054
0.0001
0.0108%
1.3888
-0.0006
0.0399%
Tadawul
10228.35
-26.53
0.26%
27.303
0.784
2.958%
64.640
0.730
1.142%
68.13
-0.81
1.17%
1813.530
23.945
1.338%
 
 
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