No news for the USDJPY – Analysis - 13-12-2021

Economies.com
2021-12-13 05:29AM UTC

The USDJPY pair keeps moving between 113.07 support and 114.00 resistance, thus, no change to our neutrality, and we still waiting to breach one of these levels to detect the next destination clearly.

 

We remind you that breaking the support will press on the price to achieve additional bearish correction that targets 112.30 as a next station, while breaching the resistance will push the price to resume the main bullish trend that its next main target located at 115.50.

The expected trading range for today is between 113.00 support and 114.20 resistance

The expected trend for today: Neutral

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