The USDJPY awaits the confirmation signal – Analysis - 15-01-2021

2021-01-15 04:53:34 GMT (Economies.com)
 

The USDJPY pair trades are confined between the key levels represented by 103.65 support and 104.05 resistance, which represent the next trend keys, as the price needs to surpass one of these levels to detect its next targets clearly, which makes us continue with our neutrality until now.

 

Note that breaking the mentioned support will press on the price to resume the bearish trend that targets 102.50 areas as a next main station, while breaching the resistance will push the price to achieve new gains that reach 105.20.

The expected trading range for today is between 103.00 support and 104.40 resistance

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.2062
0.0009
0.0734%
1.3895
0.0001
0.0101%
Tadawul
10228.35
-26.53
0.26%
27.310
0.791
2.983%
64.813
0.903
1.413%
68.18
-0.77
1.12%
1814.490
24.905
1.392%
 
 
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