The USD/JPY is stable – Analysis – 16/06/2021

jy-l4The USDJPY pair did not show any strong move yesterday, to fluctuate around 110.00, thus, no change to the bullish trend scenario that moves organized inside the bullish channel that appears on the chart, which targets 111.05 as a next main station, while its continuation requires holding above 109.22.

The expected trading range for today is between 109.60 support and 110.80 resistance

The expected trend for today: Bullish

Origin: FreshForex

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