The USDJPY breaks the support – Analysis - 15-09-2021
Economies.com
2021-09-15 04:14AM UTC
The USDJPY pair traded with clear negativity yesterday to break 109.75 level and settles below it, which puts the price under expected negative pressure on the intraday basis, targeting testing 109.20 level mainly.
Therefore, the bearish bias will be suggested for today unless the price managed to breach 110.00 and hold above it, being aware that we need to monitor the price behavior when reaching the targeted level, due to its importance to determine the next trend.
The expected trading range for today is between 109.00 support and 110.00 resistance
The expected trend for today: Bearish
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