The USD/JPY completes a positive pattern – Analysis – 26/07/2021

jpyThe USDJPY pair completed forming inverted head and shoulders’ pattern that its signs appear on the chart, to get positive motive that we are waiting to assist to push the price to achieve our positive targets that start at 110.95 and extend to 111.70 after surpassing the previous level.

Therefore, we will keep our bullish overview for the upcoming period unless breaking 110.00 and holding below it.

The expected trading range for today is between 109.80 support and 110.95 resistance

The expected trend for today: Bullish

Origin: Economies

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