The USDJPY achieves the extended targets – Analysis - 09-06-2022

Economies.com
2022-06-09 04:09AM UTC

The USDJPY pair rallied upwards again to achieve our additional positive targets, reaching 134.40, and we expect the continuation of the bullish bias to achieve more gains that reach 135.00 followed by 135.50.

 

The EMA50 continues to support the suggested bullish wave, noting that breaking 133.60 might press on the price to achieve some bearish correction on the intraday basis before turning back to rise again.

The expected trading range for today is between 133.70 support and 135.00 resistance

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The expected trend for today: Bullish

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