USDJPY hits the first target – Analysis - 07-09-2018
Economies.com
2018-09-07 03:38AM UTC
The USDJPY pair traded with strong negativity yesterday to succeed achieving our first waited target at 110.35, waiting to break this level to confirm heading towards 109.90 that represents our next main station.
Therefore, the bearish trend will remain suggested for today unless breaching 111.55 level and holding above it, noting that moving below the EMA50 supports the expected decline.
Expected trading range for today is between 109.80 support and 111.15 resistance
Expected trend for today: Bearish
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