The USDJPY awaits the break – Analysis - 14-06-2019
Economies.com
2019-06-14 04:44AM UTC
The USDJPY pair continues to fluctuate at the intraday bullish channel’s support line, and the price needs to confirm breaking 108.30 to get good negative motive that reinforces the chances of resuming the main bearish trend, reminding you that the main targets begin by breaking 108.00 to confirm extending the bearish wave towards 106.75.
Therefore, the bearish trend will remain dominant on the intraday and short term basis unless breaching 108.80 and holding above it.
The expected trading range for today is between 107.50 support and 108.80 resistance
The expected trend for today: Bearish
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