The USDJPY returns to the moving average – Analysis - 26-02-2019 - forexsheet014
USD JPY
The USDJPY returns to the moving average – Analysis - 26-02-2019

The USDJPY returns to the moving average – Analysis - 26-02-2019

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The USDJPY pair traded with clear positivity yesterday but it rebounds bearishly now to approach testing the EMA50 again, affected by stochastic negativity, but as long as the price is above 110.24, the bullish trend scenario will remain active for the upcoming period, reminding you that we are waiting to visit 111.56 as a next main station.

The expected trading range for today is between 110.20 support and 111.56 resistance

The expected trend for today: Bullish

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