The USDJPY gets a new positive signal – Analysis - 21-10-2021

2021-10-21 04:11:00 GMT (Economies.com)
 

The USDJPY pair faced temporary negative pressure yesterday to test the key support 114.10 and keeps its stability above it, as it begins to provide positive trades now, noticing that stochastic provides positive overlapping signal on the hour hours’ time frame, waiting to motivate the price to resume the main bullish trend, which its next main targets located at 115.00 followed by 115.55.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 114.10 and holding below it.

The expected trading range for today is between 113.90 support and 115.00 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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