USDJPY continues to fluctuate – Analysis - 08-08-2018

Economies.com
2018-08-08 03:57AM UTC

The USDJPY pair shows more fluctuation around 111.32 level, and we still waiting to get clearer signal for the next trend, reminding you that breaking this level will push the price to visit 110.04 level as a next main station, while breaching 111.80 resistance will motivate the price to achieve gains that reach 113.38 mainly.

 

Therefore, we will continue with our neutrality until the price confirms its next destination clearly.

 

Expected trading range for today is between 110.50 support and 112.20 resistance

 

Expected trend for today: Neutral

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