The USDJPY tests the moving average – Analysis - 10-06-2019
Economies.com
2019-06-10 04:36AM UTC
The USDJPY pair showed new attempts to break 108.00 level but without managing to hold below it until now, to provide positive trades and test the EMA50, which forms solid resistance barrier against the price, and as long as the price is below 108.80, our bearish overview will remain valid for the upcoming period, reminding you that breaking 108.00 will confirm extending the bearish wave towards 106.75 on the near term basis.
The expected trading range for today is between 107.60 support and 109.00 resistance
The expected trend for today: Bearish
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