The USDJPY continues to fluctuate – Analysis - 19-03-2021

2021-03-19 05:09:24 GMT (Economies.com)
 

The USDJPY pair keeps its stability below 109.22, to keep the negative pressure valid for the upcoming period, supported by stochastic negativity, waiting to achieve more decline to visit 107.70 mainly.

 

Therefore, our bearish overview will remain valid and active unless the price rallied to breach 109.22 and hold above it, reminding you that breaking 108.65 is required to reinforce the expectations to decline.

The expected trading range for today is between 108.20 support and 109.50 resistance

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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