Breaking News


USDJPY






8/6/2020 2:50:43 AM

USDJPY - Technical Analysis: Thursday, 06/08/2020 06:50 GMT



After reaching 105.20 target, we expect the continuation of the negative pressure and break this level to head to 104.00 then 103.65.

The exponential moving averages 50 and 100 continue to support the expected bearish trend, and the intraday descending channel reinforces the chances of continuing the decline.


Target
Risk


Support
Resistance


Trend Bearish

Logs

Advertisements