The USDJPY awaits more decline – Analysis - 10-11-2021
Economies.com
2021-11-10 05:27AM UTC
The USDJPY pair settles within bearish pennant pattern that its signs appear on the chart, waiting to break this pattern’s support line to get negative motive that push the price to test 112.60 that represents the current main target, reminding you that surpassing this level will extend the correctional bearish wave to reach 111.90 direct.
Therefore, we will continue to suggest the bearish trend on the intraday basis as long as 113.40 remains intact.
The expected trading range for today is between 112.00 support and 113.40 resistance
The expected trend for today: Bearish
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