USD / JPY Technical Analysis - Uniglobe Markets

USD / JPY Technical Analysis

Posted on August 10, 2018 at 06:14 AM

We still expect a bearish trend for the USD against the JPY, now trading below 110.80.

The downside may occur today, but the extension of the bearish trend will depend on the pair’s ability to breach the 110.00 price, breaking that level is necessary to push the price around 109.70.

The pair is moving below 110.80 targeting 109.70 as long as stability remains below 111.30

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