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The USDJPY achieves the negative target – Analysis - 25-10-2021
The USDJPY pair managed to achieve our waited target at 113.40 and bounced bullishly from there to head towards regaining the main bullish trend after the recent temporary bearish correction, expecting to witness more rise in the upcoming sessions, and the first main target is represented by testing the recently recoded top at 114.70.
Stochastic supports the expected rise, noting that breaking 113.40 will press on the price to achieve more bearish correction that its next target reaches 112.56.
The expected trading range for today is between 113.20 support and 114.40 resistance
The expected trend for today: Bullish
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