The USDJPY tests the support again – Analysis - 20-11-2019
Economies.com
2019-11-20 05:38AM UTC
The USDJPY pair continues to fluctuate at 108.40 support line and keeps its stability above it until now, which makes us keep our bullish overview, supported by stochastic move at the oversold areas, waiting to visit 109.33 level initially.
We should note that the continuation of the pressure on the mentioned support and breaking it will push the price to decline again and head towards 107.45 areas initially.
The expected trading range for today is between 108.00 support and 109.30 resistance
The expected trend for today: Bullish
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