The USDJPY presses on the support – Analysis - 16-05-2019
Economies.com
2019-05-16 00:41AM UTC
The USDJPY pair attempted to break 109.44 but it returns to fluctuate above it, and the negative pressure formed by the EMA50 still valid, waiting to resume the negative attempts and target 108.80 that represents our next main station.
In general, we will keep our bearish overview unless breaching 110.08 level and holding above it.
The expected trading range for today is between 108.80 support and 110.20 resistance
The expected trend for today: Bearish
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