The USDJPY tests the support – Analysis - 15-03-2019
Economies.com
2019-03-15 04:53AM UTC
The USDJPY pair opens today’s trading with clear decline to test the bullish channel’s support line that appears on the chart, and it returns to rise again and move above 111.67 level, which keeps the bullish trend scenario valid until now, waiting to test 112.07 level initially, noting that breaching this level will extend the bullish wave to reach 113.00 as a next target.
Therefore, we will keep our bullish overview unless breaking 111.00 level and holding below it.
The expected trading range for today is between 111.00 support and 112.50 resistance
The expected trend for today: Bullish
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