The USDJPY gets a negative signal – Analysis - 03-07-2020

Economies.com
2020-07-03 04:09AM UTC

The USDJPY pair settles below 107.68 level, noticing that stochastic provides negative overlapping signal now, waiting to motivate the price to resume the negative trading in the upcoming sessions, as our main expected target is located at 106.44.

 

Therefore, we will keep our bearish overview for today, reminding you that it is important to hold below 107.68 to continue the suggested decline.

 

The expected trading range for today is between 106.70 support and 108.00 resistance

The expected trend for today: Bearish

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