USDJPY hits the target – Analysis - 26-12-2018

2018-12-26 05:30:36 GMT (Economies.com)
USDJPY hits the target – Analysis - 26-12-2018
 

The USDJPY pair succeeded to achieve our waited target at 110.38 and settles there, noticing that the price closed the last daily candlestick below it, which supports the chances of continuing the bearish trend on the short term basis, to head towards new negative targets that reach 109.75 and 109.35.

 

Therefore, the bearish bias will remain suggested in the upcoming sessions unless breaching 111.97 and holding above it.

 

Expected trading range for today is between 109.35 support and 111.00 resistance

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1374
-0.0089
0.7751%
1.2861
0.0004
0.0288%
15.549
-0.049
0.311%
51.941
0.321
0.622%
61.06
-0.24
0.39%
1291.815
4.055
0.315%
 
 
Live Forex Updates