The USDJPY surpasses key resistance – Analysis - 11-09-2019
Economies.com
2019-09-11 05:02AM UTC
The USDJPY pair begins today’s trading positively to breach 61.8% Fibonacci correction level, which supports the continuation of our bullish overview, noting that our next target is located at 108.30, which breaching it represents the key to rally towards 109.30 as a next station.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions, affected by the previously completed double bottom pattern, reminding you that the continuation of the expected rise depends on the price stability above 106.70.
The expected trading range for today is between 107.00 support and 108.50 resistance
The expected trend for today: Bullish
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