USDJPY still stuck – Analysis - 22-02-2017
Economies.com
2017-02-22 05:32AM UTC
The USDJPY pair shows bearish rebound after approaching from 113.97 level yesterday, noticing that stochastic shows negative signals now, which supports the continuation of the bearish bias in the upcoming sessions, and the target is testing the critical support at 112.10.
In general, we still waiting for breaching one of the above mentioned levels to detect the next trend clearly, which makes us remain neutral until now, to recognize the details of the expected targets from the breach, please review our previous report.
Expected trading range for today is between 112.10 support and 114.70 resistance.
Expected trend for today: Depends on the above mentioned levels
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