The USDJPY tests the support – Analysis - 19-02-2021
Economies.com
2021-02-19 05:02AM UTC
The USDJPY pair provided more bearish bias to test the key support 105.65, and as we mentioned in our last report, the price needs to hold above this level to keep the bullish trend active, which gets positive support by the EMA50 and stochastic.
Therefore, we will continue to suggest the bullish trend unless breaking 105.65 and holding below it, reminding you that our next main target is located at 106.44.
The expected trading range for today is between 105.20 support and 106.40 resistance
The expected trend for today: Bullish
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