02.09.2019
USDJPY has resumed its negative trading after testing 106.70 in the previous sessions, and starts to press 106.06, waiting for the breach to confirm opening the way towards 105.05 which is the next major target.
Therefore, the bearish scenario will remain valid during the upcoming sessions unless 106.70 is breached and stability above it.
Expected trading range for today is between 105.40 support and 106.70 resistance.
Expected trend for today: Bearish.
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