USDJPY resumes rising – Analysis - 20-06-2017
Economies.com
2017-06-20 01:36AM UTC
The USDJPY pair resumes its positive trading after retesting the previously breached resistance of the bearish channel that appears in the image, which supports the continuation of our bullish trend expectations efficiently in the upcoming period, and the way is open for heading towards our next main target at 113.97.
Note that breaching 111.70 level will ease the price mission for achieving the above mentioned target, while the suggested rise will remain valid unless breaking 110.75 level and holding below it.
Expected trading range for today is between 111.00 support and 112.80 resistance.
Expected trend for today: Bullish
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