The USDJPY resumes the bullish track – Analysis - 01-11-2021

2021-11-01 05:12:33 GMT (Economies.com)
 

The USDJPY pair couldn’t now manage to break 113.40 level, to rebound upwards strongly and breach the resistance line that appears on the chart to regain the main bullish track, on its way to achieve positive targets that start by testing the recent recorded high at 114.70 and extend to 115.50.

 

The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 113.90 and the most important above 113.40.

The expected trading range for today is between 113.80 support and 114.90 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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