USDJPY breaches the resistance – Analysis - 18-01-2019
Economies.com
2019-01-18 04:52AM UTC
The USDJPY pair managed to breach 109.16 level and close the daily candlestick above it, which activates the bullish trend scenario on the intraday basis, to extend the correctional bullish wave towards 110.24 as a next station.
Therefore, the bullish bias will be expected in the upcoming sessions unless breaking 109.16 level and holding below it again.
Expected trading range for today is between 108.70 support and 110.24 resistance
Expected trend for today: Bullish
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