The USDJPY achieves strong gains – Analysis - 06-02-2023
Economies.com
2023-02-06 04:49AM UTC
The USDJPY pair rallied upwards strongly to breach the bearish channel’s resistance and head towards achieving expected gains in the upcoming sessions, targeting testing 133.30 as a first positive station.
Therefore, the bullish bias will be suggested for today, and it might show some sideways fluctuation until getting positive momentum that assists to push the price to continue the expected rise, taking into consideration that breaking 130.45 will stop the positive scenario and press on the price to return to the main bearish track again.
The expected trading range for today is between 131.10 support and 132.90 resistance
The expected trend for today: Bullish
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