The USDJPY attempts to breach – Analysis - 25-04-2019
Economies.com
2019-04-25 04:18AM UTC
The USDJPY pair attempted to breach 112.14 level but it begins today with bearish bias to settle below this level, which keeps the bearish trend scenario active until now, and the price needs to break 111.80 level to confirm the continuation of the bearish trend that its next target located at 110.08.
Stochastic provides negative overlapping signal now to support the decline expectations, reminding you that it is important to hold below 112.14 to continue the suggested bearish trend.
The expected trading range for today is between 111.00 support and 112.50 resistance
The expected trend for today: Bearish
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