USDJPY resumes the decline – Analysis - 06-09-2018

Economies.com
2018-09-06 04:21AM UTC

The USDJPY pair bounced bearishly after testing the resistance line that appears on the chart, to start testing the key support 111.15, waiting to break this level to confirm the continuation of the bearish bias towards our next target at 110.35.

 

Therefore, we will keep our bearish overview in the upcoming sessions conditioned by the price stability below 111.55.

 

Expected trading range for today is between 110.40 support and 112.00 resistance

 

Expected trend for today: Bearish

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