USDJPY breaches the resistance – Analysis - 28-11-2018
Economies.com
2018-11-28 05:45AM UTC
The USDJPY pair succeeded to breach 113.56 level and settled above it, reinforcing the expectations of extending the bullish wave in the upcoming period, and the way is open to achieve the waited target at 114.55.
The suggested positive scenario depends on the price move inside the bullish channel that appears on the chart, taking into consideration that breaking 113.56 – 113.20 levels might press the price to provide negative trades to test areas that reach 112.46 before any new attempt to rise.
Expected trading range for today is between 113.50 support and 114.55 resistance
Expected trend for today: Bullish
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