The USDJPY attacks the resistance – Analysis - 14-09-2021
Economies.com
2021-09-14 04:17AM UTC
The USDJPY pair achieved initial breach to the bearish channel’s resistance and settles above it now, which supports the continuation of our bullish overview efficiently for the upcoming period, supported by moving above the EMA50, waiting to head towards 111.00 that represents our next main target.
Holding above 109.75 represents the first condition to continue the expected rise, as breaking it will press on the price to test 109.20 areas before any new attempt to rise.
The expected trading range for today is between 109.50 support and 110.70 resistance
The expected trend for today: Bullish
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