The USDJPY reaches the first target – Analysis - 13-09-2019
Economies.com
2019-09-13 05:00AM UTC
The USDJPY pair succeeded to reach our first waited target at 108.30, showing some slight bearish bias affected by stochastic negativity, but it gets continuous positive support by the EMA50, to support the chances of breaching the mentioned level and open the way to visit 109.30 as a next station.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions, noting that breaking 107.70 might push the price to retest 106.70 areas before any new attempt to rise.
The expected trading range for today is between 107.70 support and 109.00 resistance
The expected trend for today: Bullish
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