USDJPY gets the positive momentum – Analysis - 24-01-2019

2019-01-24 05:12:06 GMT (Economies.com)
USDJPY gets the positive momentum – Analysis - 24-01-2019
 

The USDJPY pair tested 110.00 barrier yesterday and bounced bearishly from there, to fluctuate around the bullish trend line that appears on the chart, noticing that stochastic gets rid of its negativity and approaches providing positive overlapping signal now, waiting to motivate the price to resume the bullish bias in the upcoming sessions.

 

Therefore, we will keep our bullish overview for today unless breaking 109.16 level and holding below it, reminding you that our next main target is located at 110.24.

 

Expected trading range for today is between 109.00 support and 110.30 resistance

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1245
-0.0065
0.5752%
1.2998
-0.0082
0.6281%
15.005
0.020
0.134%
64.010
0.218
0.343%
71.97
0.35
0.49%
1275.700
-15.150
1.174%
 
 
Live Forex Updates