The USDJPY continues to fluctuate – Analysis - 21-11-2019
Economies.com
2019-11-21 06:04AM UTC
The USDJPY pair hovers around 108.40 level, and attempted to break it yesterday but it managed to hold above it, to keep the bullish trend suggested in the upcoming sessions, and the price needs to surpass the EMA50 to get rid of the negative pressure and rally towards our first positive target at 109.33.
Holding above 108.40 is important to continue the expected bullish trend, reminding you that surpassing the mentioned target will extend the bullish wave to reach 110.50 as a next main station.
The expected trading range for today is between 108.00 support and 109.30 resistance
The expected trend for today: Bullish
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