USDJPY touches the target – Analysis - 11-07-2018
Economies.com
2018-07-11 03:58AM UTC
The USDJPY pair succeeded to touch our waited target at 111.32 and settles near it now, noticing that stochastic got rid of its negative momentum and moves near the oversold areas, which supports the chances of continuing the bullish trend and breach the mentioned level to open the way to achieve more gains in the upcoming period.
Therefore, the bullish trend will remain expected for the upcoming period conditioned by the price stability above 110.04, reminding you that our next targets extend to reach 112.00 followed by 113.38.
Expected trading range for today is between 110.40 support and 112.00 resistance,
Expected trend for today: Bullish
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