USDJPY approaches the target – Analysis - 09-01-2019

2019-01-09 05:16:32 GMT (Economies.com)
USDJPY approaches the target – Analysis - 09-01-2019
 

The USDJPY pair continued to rise yesterday to approach our first waited target at 109.16, noticing that stochastic provides positive overlapping signal now, which forms positive motive that we are waiting to push the price to breach the mentioned level and open the way to achieve our next target at 110.24.

 

Therefore, we will keep our bullish overview unless breaking 108.09 level and holding below it.

 

Expected trading range for today is between 108.10 support and 109.80 resistance

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1294
0.0076
0.6806%
1.2707
0.0124
0.9851%
15.464
0.596
4.009%
57.398
4.888
9.309%
64.44
2.57
4.15%
1391.155
49.875
3.719%
 
 
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