The USDJPY breaches the resistance – Analysis - 10-01-2020
Economies.com
2020-01-10 05:41AM UTC
The USDJPY pair breached 109.33 level clearly and closed the daily candlestick above it, which activates the bullish trend scenario on the intraday basis, on its way to visit 110.50 as a next main station.
Therefore, the bullish bias will be suggested for today, noting that breaking 109.33 and holding below it will put the price under negative pressure that targets testing 108.40 level initially.
The expected trading range for today is between 108.70 support and 110.30 resistance
The expected trend for today: Bullish
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