The USDJPY is stable – Analysis - 17-06-2020

2020-06-17 04:35:08 GMT (Economies.com)
 

The USDJPY pair settles below 107.68 level, to keep the negative pressure valid for the upcoming period, supported by the EMA50 that pushes the price downwards, waiting to head towards 106.44 that represents our next main target.

 

On the other hand, we should note that breaching 107.68 and holding above it will stop the suggested decline and push the price to achieve intraday gains that start at 109.22.

 

The expected trading range for today is between 106.50 support and 108.00 resistance

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1814
0.0104
0.8843%
1.3077
0.0062
0.4745%
Tadawul
7499.97
10.08
0.13%
28.192
3.946
16.272%
41.460
1.025
2.535%
44.56
-0.53
1.18%
2053.845
84.490
4.290%
 
 
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