USDJPY crawls upwards – Analysis - 13-02-2019

Economies.com
2019-02-13 05:19AM UTC

The USDJPY pair continues to rise to gradually move away from 110.24, noticing that the price is organized inside the bullish channel that appears on the chart, carried by the EMA50.

 

Therefore, the way is open to head towards our next target at 111.56, reminding you that the continuation of the bullish wave depends on the price stability above 110.24.

 

The expected trading range for today is between 110.00 support and 111.56 resistance

 

The expected trend for today: Bullish

 

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