The USDJPY declines again – Analysis - 12-12-2019
Economies.com
2019-12-12 05:46AM UTC
The USDJPY pair returns to decline after the EMA50 formed solid resistance barrier against the pair’s recent positive attempts, to start testing 108.40 again, waiting to break this level to confirm extending the bearish wave towards 107.45.
Therefore, we will keep our bearish overview unless we witnessed clear breach to 109.33 and settling with a daily close above it.
The expected trading range for today is between 107.70 support and 109.00 resistance
The expected trend for today: Bearish
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