USDJPY touches the first target – Analysis - 20-11-2018
Economies.com
2018-11-20 03:58AM UTC
The USDJPY pair touched our first waited target at 112.46 and settles there, and as long as the price is below the bullish channel’s support line that appears on the chart, we will continue to suggest the bearish bias in the upcoming sessions, as our next target is located at 111.97.
Note that breaching 112.96 followed by 113.56 levels will stop the negative scenario and lead the price to regain the main bullish track again.
Expected trading range for today is between 111.80 support and 113.00 resistance
Expected trend for today: Bearish
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