The USDJPY breaches the resistance – Analysis - 01-03-2021

2021-03-01 05:37:07 GMT (Economies.com)
 

The USDJPY pair confirmed breaching 106.44 level after closing last Friday above it, reinforcing the chances of continuing the bullish trend on the short-term basis, noting that the next positive targets are located at 107.00 followed by 107.65.

 

The EMA50 continues to support the price from below, to keep our bullish overview unless breaking 106.44 and holding below it.

The expected trading range for today is between 106.00 support and 107.40 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2011
-0.0015
0.1218%
1.3838
-0.0116
0.8278%
Tadawul
10127.90
18.31
0.18%
26.166
0.375
1.454%
61.411
-1.767
2.797%
65.27
-0.05
0.08%
1782.145
10.695
0.604%
 
 
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