The USDJPY faces solid support – Analysis - 27-01-2021

Economies.com
2021-01-27 05:05AM UTC

The USDJPY pair finds difficulty to confirm breaking 103.65 level, to show some slight bullish now, and as long as the price is below 103.90, our bearish overview will remain valid for the upcoming period, reminding you that our next main target reaches 102.50, while breaching 103.90 represents the key to turn to rise on the intraday basis and head towards 105.20 areas on the near term basis.

The expected trading range for today is between 103.00 support and 104.40 resistance

The expected trend for today: Bearish

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