The USDJPY is stable – Analysis - 16-04-2019
Economies.com
2019-04-16 03:39AM UTC
The USDJPY pair keeps its stability below 112.14 level, which keeps the bearish trend scenario active on the intraday basis after the price failure to breach the mentioned top, waiting for trading negatively to visit 111.10 then 110.86 in the upcoming period.
On the other hand, you should be aware that breaching 112.14 will lead the price to resume the short term bullish trend and to extend the bullish wave to reach 113.10 as a next main station.
The expected trading range for today is between 111.10 support and 112.60 resistance
The expected trend for today: Bearish
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