USDJPY recovers – Analysis - 04-02-2019

2019-02-04 04:52:03 GMT (Economies.com)
USDJPY recovers – Analysis - 04-02-2019
 

The USDJPY pair traded with clear positivity in the previous sessions to breach 109.16 level and settles above it, which reactivate the correctional bullish scenario again, targeting testing 110.24 level as a next station.

 

Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 109.16 level and holding below it again, noting that breaching the targeted level will extend the bullish wave to reach 111.56.

 

Expected trading range for today is between 109.00 support and 110.24 resistance

 

Expected trend for today: Bullish

 

 
 
 
  Symbol Last Change Chg.%
1.1244
-0.0066
0.5840%
1.3001
-0.0079
0.6002%
15.005
0.020
0.134%
64.010
0.218
0.343%
71.97
0.35
0.49%
1275.700
-15.150
1.174%
 
 
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