The USDJPY faces solid resistance – Analysis - 13-03-2019
Economies.com
2019-03-13 05:04AM UTC
The USDJPY pair finds difficulty to breach 111.40 level, to show some bearish bias and fluctuates around the bullish channel’s support line, but as long as the price is above 111.00, the positive scenario will remain valid for the upcoming period, and the price needs to breach 111.40 to confirm rallying towards 112.07 that represents our next main target.
We remind you that breaking 111.00 will put the price under negative pressure that its first target located at 110.35.
The expected trading range for today is between 110.76 support and 112.00 resistance
The expected trend for today: Bullish
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