USDJPY breaches the resistance – Analysis - 07-06-2018

Economies.com
2018-06-07 00:40AM UTC

The USDJPY pair breached 110.04 level and closed the daily candlestick above it, which pushes the price to achieve more gains in the upcoming sessions, targeting testing 111.32 level as a next main station.

 

Therefore, the bullish bias will be suggested for today unless breaking 110.04 level and holding below it again.

 

Expected trading range for today is between 109.50 support and 111.00 resistance, 

 

Expected trend for today: Bullish

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