The USDJPY hits the first target – Analysis - 28-07-2022
Economies.com
2022-07-28 04:00AM UTC
The USDJPY pair managed to breach 136.40 level strongly to achieve our first negative target at 135.25 and attempts to break it, reinforcing the expectations of continuing the bearish trend, which targets 134.55 as a next station.
The negative effect of the double top pattern still active, taking into consideration that the continuation of the bearish wave requires holding below 136.40.
The expected trading range for today is between 134.50 support and 136.00 resistance
The expected trend for today: Bearish
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