USDJPY needs a positive motive – Analysis - 03-12-2018
Economies.com
2018-12-03 05:22AM UTC
The USDJPY pair fluctuates near the bullish channel’s support line, getting continuous positive support by the EMA50, waiting to resume the main bullish trend that depends on the price stability above 112.96, reminding you that our next target reaches 114.55.
The EMA50 supports the suggested bullish wave, while breaking 112.96 will push the price to turn to decline and target 112.46 followed by 111.97 levels again.
Expected trading range for today is between 112.80 support and 114.10 resistance
Expected trend for today: Bullish
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