The USDJPY attempts to breach – Analysis - 04-09-2020
Economies.com
2020-09-04 04:08AM UTC
The USDJPY pair attempted to breach 106.44 level but it bounced downwards clearly to settle around 106.00, which keeps the bearish trend scenario valid and active for the upcoming period, which targets 105.20 level mainly.
We should note that breaching 106.44 and holding above it will stop the expected decline and push the price to achieve new gains that reach 107.68.
The expected trading range for today is between 105.40 support and 106.60 resistance
The expected trend for today: Bearish
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