USDJPY recovers – Analysis - 04-02-2019
Economies.com
2019-02-04 04:52AM UTC
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
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