USDJPY leans on the support – Analysis - 25-01-2019

Economies.com
2019-01-25 05:17AM UTC

The USDJPY pair shows calm positive trading, leaning on the bullish trend line that appears on the chart, which supports the expectations of continuing the bullish bias, as we are waiting to test 110.24 level mainly.

 

The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 109.16.

 

Expected trading range for today is between 109.00 support and 110.60 resistance

 

Expected trend for today: Bullish

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