The USDJPY resumes the rise – Analysis - 19-11-2021

2021-11-19 05:49:23 GMT (Economies.com)
 

The USDJPY pair returns to rise after leaning on the previously breached resistance that appears on the chart, reinforcing the expectations of continuing the main bullish trend, waiting to test 114.70 initially.

 

The EMA50 supports the suggested bullish wave, which its targets extend to 115.50 after surpassing the previous level, while holding above 113.90 represents the first condition to continue the expected rise.

The expected trading range for today is between 113.80 support and 115.00 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0734
0.0081
0.7604%
1.2542
-0.0021
0.1664%
22.103
0.191
0.874%
110.495
0.356
0.323%
113.56
0.14
0.12%
1866.085
9.650
0.520%
 
 
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