The USDJPY resumes the decline – Analysis - 18-09-2020
Economies.com
2020-09-18 03:29AM UTC
The USDJPY pair provided negative trades to move away from 105.20 level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets 103.65 level as a next main station, noting that the EMA50 continues to support the suggested bearish wave.
Stochastic current positivity might cause some temporary sideways fluctuation before resuming the expected decline, which will remain valid unless breaching 105.20 level and holding above it.
The expected trading range for today is between 104.00 support and 105.40 resistance
The expected trend for today: Bearish
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