USDJPY gathers the positive momentum – Analysis - 28-01-2019

2019-01-28 05:08:14 GMT (Economies.com)
USDJPY gathers the positive momentum – Analysis - 28-01-2019
 

The USDJPY pair returns to decline and approach the key support 109.16, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the correctional bullish trend, which targets 110.24 level as a next station.

 

The EMA50 attempts to protect the suggested positive scenario, which will remain valid unless breaking 109.16 level and holding below it.

 

Expected trading range for today is between 108.60 support and 110.24 resistance

 

Expected trend for today: Bullish

 
 
  Symbol Last Change Chg.%
1.1338
0.0039
0.3491%
1.3033
0.0126
0.9785%
15.998
0.219
1.388%
57.150
1.377
2.468%
67.08
0.63
0.95%
1338.585
17.250
1.306%
 
 
Live Forex Updates