USDJPY declines calmly – Analysis - 23-05-2018
Economies.com
2018-05-23 01:26AM UTC
The USDJPY pair crawls gradually to the downside in its way to visit 110.04 level, keeping the bearish trend scenario active in the upcoming sessions, reminding you that holding below 111.32 represents a main condition for the continuation of the expected decline.
It is important to monitor the price behavior when reaching the targeted level, where breaking it will extend the bearish wave to reach 109.00 as a next main station.
Expected trading range for today is between 110.00 support and 111.40 resistance.
Expected trend for today: Bearish
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