The USDJPY hits the extended target – Analysis - 04-06-2019
Economies.com
2019-06-04 00:39AM UTC
The USDJPY pair succeeded to achieve our waited target at 108.00 and settles there, noticing that the price presses negatively on this level in attempt to break it, which supports the expectations of extending the bearish wave on the short term basis, paving the way to target 106.75 level as a next main station.
Therefore, the bearish bias will remain expected for the upcoming period conditioned by the price stability below 108.80.
The expected trading range for today is between 107.20 support and 108.50 resistance
The expected trend for today: Bearish
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