The USDJPY resumes the decline – Analysis - 30-04-2019
Economies.com
2019-04-30 04:28AM UTC
The USDJPY pair resumed its negative trading after testing the EMA50 in the previous sessions, reinforcing the expectations of continuing the decline on the intraday basis, waiting to test 110.86 level mainly.
Stochastic negativity supports the chances of continuing the bearish bias, which will remain valid unless breaching 112.14 level and holding with a daily close above it.
The expected trading range for today is between 110.80 support and 112.14 resistance
The expected trend for today: Bearish
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