The USDJPY tests the support – Analysis - 11-04-2019
Economies.com
2019-04-11 04:23AM UTC
The USDJPY pair touched 110.86 level and bounced bullishly from there, to keep the bullish trend scenario active for the upcoming period, supported by the positive signal provided by stochastic, waiting to breach 111.25 level to ease the mission of heading towards the main target at 112.14.
We should note that breaking 110.86 and holding below it will put the price within the correctional bearish track again.
The expected trading range for today is between 110.60 support and 112.00 resistance
The expected trend for today: Bullish
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