Forex
The USDJPY breaches the resistance – Analysis - 23-09-2021
2021-09-23 03:32:13 GMT
(Economies.com)
The USDJPY pair rallied upwards strongly yesterday to surpass our first waited target at 109.80 and settles above it, reinforcing the expectations of continuing the bullish trend, and the way is open to visit 111.00 that represents our second target.
Moving above the EMA50 supports the suggested positive scenario, which will remain valid conditioned by the price stability above 109.20.
The expected trading range for today is between 109.30 support and 110.60 resistance
The expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1602
|
0.0032
|
0.2789%
|
|
|
|
|
1.3746
|
0.0118
|
0.8637%
|
|
|
|
Tadawul
|
11773.36
|
25.09
|
0.21%
|
|
|
|
|
23.335
|
0.700
|
3.090%
|
|
|
|
|
82.022
|
0.902
|
1.112%
|
|
|
|
|
84.86
|
0.86
|
1.02%
|
|
|
|
|
1767.855
|
13.150
|
0.749%
|
|
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