The USDJPY completes a positive pattern – Analysis - 01-04-2019
Economies.com
2019-04-01 04:31AM UTC
The USDJPY pair opened today’s trading with clear rise to breach 110.86 level and settles above it, to complete forming double bottom pattern that its signs appear on the chart, which stops the recently suggested negative scenario to push the price to turn to rise again.
Therefore, the bullish trend will be expected in the upcoming sessions supported by moving above the EMA50, noting that our main waited targets located at 111.75 followed by 112.14, while achieving them conditions holding above 110.86.
The expected trading range for today is between 110.50 support and 112.00 resistance
The expected trend for today: Bullish
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