USDJPY gains the positive momentum – Analysis - 21-06-2017
Economies.com
2017-06-21 01:34AM UTC
The USDJPY pair shows sideways fluctuation after approaching from 112.00 barrier yesterday, noticing that stochastic gets rid of its negativity clearly and approaches from the oversold levels, which forms positive motive that wait to assist to push the price to resume the bullish trend.
Therefore, we will keep our bullish trend expectations active in the upcoming sessions unless breaking 110.65 level and holding below it, reminding you that our main waited target at 113.97.
Expected trading range for today is between 111.00 support and 112.80 resistance.
Expected trend for today: Bullish
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