USDJPY gets the positive momentum – Analysis - 20-09-2018
Economies.com
2018-09-20 04:17AM UTC
The USDJPY pair shows sideways trading since yesterday and settles above 112.00, noticing that Stochastic gets rid of its negativity to reach the thresholds of the oversold areas, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which targets 113.18 level as a next station.
Therefore, the bullish bias will remain suggested unless breaking 111.16 level and holding below it.
Expected trading range for today is between 111.70 support and 113.18 resistance
Expected trend for today: Bullish
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