The USDJPY within tight track – Analysis - 22-06-2020

2020-06-22 04:27:26 GMT (Economies.com)
 

The tight range keeps dominating the USDJPY pair’s trading, falling under continuous negative pressure coming by the EMA50, which keeps the bearish trend scenario valid as it is without any change, which targets testing 106.44 as a next station, reminding you that breaking this level will push the price to 105.20 as a next negative target, while holding below 107.68 represents key condition to continue the suggested decline.

 

The expected trading range for today is between 106.00 support and 107.50 resistance

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1816
0.0106
0.9035%
1.3075
0.0060
0.4641%
Tadawul
7499.97
10.08
0.13%
28.059
3.812
15.724%
41.395
0.960
2.374%
44.60
-0.50
1.11%
2052.725
83.370
4.233%
 
 
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