The USDJPY breaks the support – Analysis - 15-07-2019
Economies.com
2019-07-15 04:23AM UTC
The USDJPY pair broke 108.10 level strongly and settled below it, to activate the bearish trend scenario on the intraday and short term basis, on its way to visit the recently recorded low at 106.78 as a next main station.
Therefore, the bearish bias will be suggested for today, noting that breaching 108.10 and holding above it will bring us to neutrality again, and the price might head to test 108.93 key resistance initially before detecting its next destination clearly.
The expected trading range for today is between 107.40 support and 108.60 resistance
The expected trend for today: Bearish
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