USDJPY attempts positively – Analysis - 12-09-2018
Economies.com
2018-09-12 04:17AM UTC
The USDJPY pair provided more positive attempts yesterday to test the resistance line that appears on the chart, which is located at 111.65 now, accompanied by witnessing clear negative signals through stochastic, which supports the chances of bouncing bearishly to resume the bearish trend in the upcoming sessions, which its targets begin by breaking 111.16 level to open the way to head towards 109.90 as a next main station.
We should note that breaching 111.65 will push the price to achieve more gains and head towards the previously recorded top at 113.18 on the near term basis.
Expected trading range for today is between 110.50 support and 112.00 resistance
Expected trend for today: Bearish
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