The USD/JPY gets a positive close – Analysis – 26/05/2020

jpy_2_newsThe USDJPY pair got a positive close above 107.68 despite the recent weak trades, which supports the continuation of the expected bullish trend on the intraday basis, organized inside the bullish channel that appears on the chart, which targets 109.22 level as a next main station, reminding you that it is important to hold above 107.35 to continue the expected rise.

The expected trading range for today is between 107.00 support and 108.60 resistance

The expected trend for today: Bullish

Origin: Economies

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