USDJPY affected by the positive momentum – Analysis - 30-07-2018
Economies.com
2018-07-30 03:51AM UTC
The USDJPY pair shows some calm bullish bias by today’s opening, affected by stochastic positivity, to approach testing 111.32 resistance again, which is met by the EMA50 to add more strength to it.
Until now, the bearish trend scenario will remain valid as long as the price is stable below the mentioned resistance, reminding you that our main waited target is located at 110.04.
Expected trading range for today is between 110.20 support and 111.70 resistance
Expected trend for today: Bearish
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