The USDJPY surpasses the resistance – Analysis - 08-06-2020
Economies.com
2020-06-08 04:32AM UTC
The USDJPY pair managed to breach 109.22 level and hold above it, which supports the continuation of our bullish overview on the longer term basis, on its way to achieve new positive targets that start at 110.70 and extend to 111.70.
Therefore, the bullish trend will remain dominant in the upcoming sessions, noting that breaking 109.22 and holding below it will put the price under new negative pressure that targets visiting 107.68 areas initially.
The expected trading range for today is between 108.80 support and 110.30 resistance
The expected trend for today: Bullish
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