The USDJPY is stable – Analysis - 02-12-2020
Economies.com
2020-12-02 04:54AM UTC
The USDJPY pair settles around the resistance line that appears on the chart that declines now to 104.40, waiting to resume the negative trades and head towards 103.65 that represents our first negative target, which breaking it represents the key to head towards 103.00 as a next station.
In general, we will continue to suggest the bearish trend conditioned by the price stability below 104.40, as breaching this level represents the key to rally to test 105.20 before any new attempt to decline.
The expected trading range for today is between 103.65 support and 105.00 resistance
The expected trend for today: Bearish
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