The USDJPY breaks the support – Analysis - 26-04-2019
Economies.com
2019-04-26 04:07AM UTC
The USDJPY pair succeeded to break 111.80 level and settled below it, which supports the continuation of our bearish overview efficiently in the upcoming period, paving the way to target 110.08 level as a next main station.
Moving below the EMA50 supports the expectations to decline, while breaching 112.14 and holding above it will stop the negative scenario and lead the price to resume the bullish trend on the short term basis.
The expected trading range for today is between 110.80 support and 112.14 resistance
The expected trend for today: Bearish
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