USDJPY begins positively – Analysis - 11-02-2019

Economies.com
2019-02-11 05:22AM UTC

The USDJPY pair opens today’s trading with bullish bias to approach our first waited target at 110.24, reinforcing the expectations to continue the bullish trend in the upcoming sessions, reminding you that breaching this level will extend the bullish wave to reach 111.56 as a next main station.

 

The EMA50 supports the expected rise, which its continuation conditions holding above 109.16.

 

The expected trading range for today is between 109.30 support and 110.70 resistance

 

The expected trend for today: Bullish

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