USDJPY breaches the resistance – Analysis - 12-06-2018
Economies.com
2018-06-12 00:49AM UTC
The USDJPY pair ended yesterday’s trading at 110.04 resistance, starting today with bullish bias to move above this level, to start activating the bullish trend scenario on the intraday basis, paving the way to head towards 111.32 level as a next positive station.
Therefore, the bullish trend will remain suggested for today unless the price returned to move below 110.04, noting that the EMA50 provides the positive support to the price.
Expected trading range for today is between 109.70 support and 111.00 resistance,
Expected trend for today: Bullish
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