The USDJPY attempts to breach – Analysis - 15-10-2019

Economies.com
2019-10-15 04:44AM UTC

The USDJPY pair continues to fluctuate around 108.40 level without managing to breach it until now, waiting to get positive motive that assists to confirm the breach and push the price towards 109.33 that represents our next positive target.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 107.45 level and holding below it, noting that the EMA50 supports the suggested bullish wave.

 

The expected trading range for today is between 107.60 support and 109.10 resistance

 

The expected trend for today: Bullish

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