The USDJPY crawls downwards – Analysis - 22-03-2021

2021-03-22 05:00:16 GMT (Economies.com)
 

The USDJPY pair shows calm negative trades to start pressing on 108.65 level, which support the continuation of the expected bearish trend scenario for the upcoming period, which targets visiting 107.70 level mainly.

 

Holding below 109.22 is important to continue the expected decline, as breaching it will lead the price to resume the bullish wave and achieve new gains that reach 110.30.

The expected trading range for today is between 108.00 support and 109.20 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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