The USDJPY breaches the resistance – Analysis - 05-02-2021

2021-02-05 04:55:31 GMT (Economies.com)
 

The USDJPY pair succeeded to breach 105.20 and hold above it, to support the expectations of continuing the bullish trend, and the way is open to achieve our next positive targets that reach 106.00 followed by 106.44.

 

The EMA50 continues to support the suggested bullish wave, which will remain valid and active conditioned by the price stability above 105.20.

The expected trading range for today is between 105.00 support and 106.30 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2054
0.0001
0.0116%
1.3889
-0.0005
0.0392%
Tadawul
10228.35
-26.53
0.26%
27.313
0.794
2.994%
64.761
0.851
1.332%
68.13
-0.81
1.17%
1813.510
23.925
1.337%
 
 
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