USDJPY approaches the resistance – Analysis - 05-06-2018

Economies.com
2018-06-05 01:12AM UTC

The USDJPY pair provides more positive trading to approach the key resistance 110.04, which urges caution from the upcoming trades, as breaching this level will push the price for more gains and visit 111.32 as a next station.

 

Until now, we will continue to suggest the overall bearish trend conditioned by the price stability below 110.04, noting that our waited targets begin at 109.00 and extend to 108.00.

 

Expected trading range for today is between 109.00 support and 110.60 resistance, 

 

Expected trend for today: Overall Bearish

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