The USDJPY presses on the support – Analysis - 23-09-2019

Economies.com
2019-09-23 04:55AM UTC

The USDJPY pair attempts to break 107.70 but it remains above it until now, which keeps the bullish trend scenario valid until now, and the price needs to get enough positive motive to push trades to breach 108.30 followed by opening the way to achieve the next target at 109.30.

 

We should note that breaking 107.70 and holding below it will stop the positive overview and press on the price to turn to decline.

 

The expected trading range for today is between 107.00 support and 108.50 resistance

 

The expected trend for today: Bullish

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