USDJPY builds support base – Analysis - 18-10-2018
Economies.com
2018-10-18 04:35AM UTC
The USDJPY pair managed to breach 112.46 level and hold above it, to build support base that reinforces the chance of continuing the bullish trend in the upcoming sessions, and the way is open to target 112.95 followed by 113.56 levels that represent our next main stations.
Moving above the EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 111.75 level.
Expected trading range for today is between 111.75 support and 113.30 resistance
Expected trend for today: Bullish
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