The USDJPY settles above the support base – Analysis - 25-07-2019
Economies.com
2019-07-25 06:22AM UTC
The USDJPY pair settles above 108.10 level, to keep the correctional bullish scenario active for the upcoming period, supported by moving above the EMA50, waiting to visit 108.93 level as a next correctional station.
We should note that breaking 108.10 and trading below it again will put the price under the negative pressure that its first main target located at 106.78.
The expected trading range for today is between 107.60 support and 109.00 resistance
The expected trend for today: Bullish
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