USDJPY recovers – Analysis - 04-01-2019
Economies.com
2019-01-04 04:58AM UTC
The USDJPY pair begins today’s trading with clear positivity to breach 108.10 level and settles above it, which opens the way to extend the correctional bullish wave and the price recovery on the intraday basis, targeting testing 109.15 followed by 110.23 levels as next main stations.
Therefore, we expect witnessing more rise in the upcoming sessions unless breaking 108.10 and holding below it again.
Expected trading range for today is between 107.70 support and 109.15 resistance
Expected trend for today: Bullish
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