The USDJPY records lower high – Analysis - 17-11-2023
Economies.com
2023-11-17 04:05AM UTC
The USDJPY pair bounced bearishly to break 150.95 level and settles below it, to notice that the price recorded lower high that hints heading to return to the correctional bearish track again, to head towards visiting 149.40 followed by 148.30 levels as main negative targets.
Therefore, the bearish bias will be suggested in the upcoming sessions, and breaking 150.10 will ease the mission of achieving the expected targets, while breaching 150.95 represents initial key to attempt to regain the main bullish trend again.
The expected trading range for today is between 149.60 support and 151.00 resistance
The expected trend for today: Bearish
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