USDJPY continues to rise – Analysis - 10-03-2017
Economies.com
2017-03-10 05:50AM UTC
The USDJPY pair managed to breach 114.90 level and settled above it, starting today's trading with more positivity to surpass 115.00 barrier, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards our main target at 117.75.
Therefore, we are waiting for more bullish bias in the upcoming period supported by the EMA50 that carries the price from below, taking into consideration that breaking 113.97 level will stop the suggested positive scenario and put the price under the negative pressure again.
Expected trading range for today is between 114.50 support and 116.50 resistance.
Expected trend for today: Bullish
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