The USD/JPY needs a positive motive – Analysis – 06/09/2021

jy-l6The USDJPY pair shows additional negative trades to move below the EMA50, waiting to get positive motive that assists to push the price to resume the expected bullish trend on the intraday basis, which its targets begin by breaching 110.20 to confirm opening the way to head towards 111.00.

In general, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 109.20.

The expected trading range for today is between 109.40 support and 110.40 resistance

The expected trend for today: Bullish

Origin: Economies

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