The USDJPY begins positively – Analysis - 19-01-2021

2021-01-19 05:22:33 GMT (Economies.com)
 

The USDJPY pair opens today’s trading with clear positivity to breach the resistance line that appears on the chart and settles above it, to start activating the bullish trend scenario for the upcoming period, motivated by stochastic positivity that appears on the four hours’ time frame, waiting to head towards 105.20 as a next positive target.

 

Therefore, we expect witnessing more rise in the upcoming sessions unless breaking 103.65 and holding below it.

The expected trading range for today is between 103.40 support and 104.70 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2062
0.0009
0.0772%
1.3893
-0.0001
0.0043%
Tadawul
10228.35
-26.53
0.26%
27.320
0.801
3.021%
64.850
0.940
1.471%
68.18
-0.77
1.12%
1814.750
25.165
1.406%
 
 
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