The USDJPY begins positively – Analysis - 10-10-2019
Economies.com
2019-10-10 04:52AM UTC
The USDJPY pair begins today’s trading with clear rise to test the key resistance 107.70 and keeps its stability below it until now, accompanied by witnessing clear negative signals through stochastic, waiting to motivate the price to resume the bearish bias in the upcoming sessions.
Therefore, the bearish trend scenario will remain valid for the upcoming period conditioned by the price stability below the mentioned resistance, reminding you that our targets begin at 106.70 and extend to 106.06 followed by 105.50 after surpassing the first target.
The expected trading range for today is between 106.60 support and 108.10 resistance
The expected trend for today: Bearish
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