The USDJPY tests the support – Analysis - 26-01-2021

Economies.com
2021-01-26 05:38AM UTC

The USDJPY pair tested 103.65 level without managing to break it until now, waiting to get negative motive that supports the chances of confirming the break to rally towards 102.50 that represents our next negative station.

 

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 103.90 level and holding above it.

The expected trading range for today is between 103.00 support and 104.40 resistance

The expected trend for today: Bearish

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