The USDJPY attempts to breach – Analysis - 10-07-2019

Economies.com
2019-07-10 04:41AM UTC

The USDJPY pair attempts to breach 108.93 level now, reinforcing the expectations of extending the correctional bullish wave, which targets 109.60 level as a next main station.

 

The EMA50 continues to support the suggested bullish wave, which moves organized inside the bullish channel, while holding above 108.10 represents key condition to continue the suggested rise.

 

The expected trading range for today is between 108.30 support and 109.70 resistance

 

The expected trend for today: Bullish

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