USDJPY begins negatively – Analysis - 25-06-2018
Economies.com
2018-06-25 03:48AM UTC
The USDJPY pair opens today’s trading with clear negativity to move away from 110.04, which supports the continuation of our bearish overview efficiently in the upcoming period, supported by the negative pressure formed by the EMA50, waiting to visit 109.00 level mainly.
Therefore, we will continue to suggest the bearish trend for today conditioned by the price stability below 110.04, noting that breaking 109.00 will push the price towards 108.00 as a next station.
Expected trading range for today is between 108.50 support and 110.04 resistance,
Expected trend for today: Bearish
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