The USDJPY resumes the positive attempts – Analysis - 02-03-2021

2021-03-02 05:10:50 GMT (Economies.com)
 

The USDJPY pair shows new positive trades to approach our first waited target at 107.00, getting continuous positive support by the EMA50, to keep the bullish overview valid, which its next main target located at 107.65.

 

Holding above 106.44 is important to achieve the suggested targets, as breaking it will press on the price to turn to decline and head towards 105.20 areas on the near-term basis.

The expected trading range for today is between 106.20 support and 107.60 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2006
-0.0020
0.1671%
1.3836
-0.0117
0.8400%
Tadawul
10127.90
18.31
0.18%
26.159
0.367
1.423%
61.310
-1.868
2.957%
65.54
0.22
0.34%
1783.255
11.805
0.666%
 
 
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