The USDJPY tests the support – Analysis - 21-10-2019
Economies.com
2019-10-21 04:53AM UTC
The USDJPY pair keeps fluctuating at 108.40 level, and keeps its stability above it, and the price gets a continuous support from the EMA50, accompanied with stochastic enter to the oversold levels.
Therefore, these factors encourage us to keep preferring the bullish trend in the upcoming period, and its next target at 109.33, reminding you that holding above 108.40 is important for achieving it.
The expected trading range for today is between 108.00 support and 109.33 resistance
The expected trend for today: Bullish
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