USDJPY tests the resistance – Analysis - 28-08-2018
Economies.com
2018-08-28 04:21AM UTC
The USDJPY pair tests the key resistance 111.32 now after it found solid support formed by the EMA50 as appears on the chart, and as long as the price is below the mentioned resistance, our bearish overview will remain active, waiting to visit 110.04 as a first main target, noting that breaching 111.32 will push the price to turn to rise and achieve positive targets that start at 112.00 and extend to 113.38.
Expected trading range for today is between 110.50 support and 111.80 resistance
Expected trend for today: Bearish
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