The USDJPY tests the support – Analysis - 24-01-2020

Economies.com
2020-01-24 05:44AM UTC

The USDJPY pair tested 109.33 level and bounced bullishly from there, to keep the bullish trend valid and active until now, supported by the positive signal provided by stochastic, noting that our next main target is located at 110.50.

 

We remind you that breaking 109.33 will stop the expected rise and press on the price to visit 108.40 areas before any new positive attempt.

 

The expected trading range for today is between 109.00 support and 110.40 resistance

 

The expected trend for today: Bullish

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