USDJPY breaches the resistance – Analysis - 14-09-2018
Economies.com
2018-09-14 03:53AM UTC
The USDJPY pair rallied upwards strongly to breach 111.65 level and settles above it, achieving the first expected positive target after the breach, which stops the recently suggested negative scenario and push the price to turn to rise, waiting for more rise that targets 113.18 areas on the near term basis.
Therefore, we suggest the domination of the bullish bias in the upcoming sessions unless breaking 111.16 level and holding below it.
Expected trading range for today is between 111.20 support and 112.80 resistance
Expected trend for today: Bullish
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