The US dollar fluctuated in a narrow uptrend range during the Asian session to witness the bounce for the sixth session in nine sessions from the lowest since November 9, 2016 against the Japanese yen amid the lack of economic data by the Japanese economy and on the eve of …
The resistance level of 129.00 continues to deter buyers. The support level of 126.80 held back bearish movements. A bullish divergence has formed on the Awesome Oscillator.
Trading recommendations:
Buy after the price fixes above the resistance level 129.00.
Stop Loss under the support level 126.80.
Target levels – 132.30; …
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