The USDJPY resumes the decline – Analysis - 24-03-2020
Economies.com
2020-03-24 05:57AM UTC
The USDJPY pair made new test to 111.20 level yesterday and kept its stability below it, to start today with clear decline and approaches 110.00 barrier, which supports the continuation of our bearish overview in the upcoming period, which targets testing 109.06 level initially.
Therefore, the bearish trend scenario will remain active on the intraday and short term basis conditioned by the price stability below 111.20.
The expected trading range for today is between 109.00 support and 111.20 resistance
The expected trend for today: Bearish
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