The USDJPY resumes the decline – Analysis - 18-11-2020
Economies.com
2020-11-18 05:45AM UTC
The USDJPY pair traded negatively yesterday to start testing 104.00 barrier, which supports the continuation of our bearish overview, which targets visiting 103.65 level mainly.
Therefore, we are waiting for more expected decline in the upcoming sessions, noting that breaking the targeted level will extend the bearish wave to reach 103.00, while holding below 105.20 represents major condition to continue the suggested decline.
The expected trading range for today is between 103.30 support and 104.80 resistance
The expected trend for today: Bearish
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