LeoPrime Daily Market Analysis

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USDJPY : Forecast


USDJPY it has reached 109.10 and right now is trading to return to 109.55. Possibly, today the pair may fall to reach 108.96 and then form one more ascending structure with the target at 109.60. Later, the market may resume trading inside the downtrend towards 107.50. Today, DLR’s cross-inspired fall to 109.02 suggests a recent decline from 112.39 has resumed n would pressure price next daily obj at 108.50, should keep price abv 108.35. Only a daily close abv 109.47 signals temporary low is made, risks 109.66 but 110.05 should hold.

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