The USDJPY approaches the target – Analysis - 10-03-2022

Economies.com
2022-03-10 04:20AM UTC

The USDJPY pair continues to rise to approach our waited target at 116.35, expecting to breach this level to continue moving inside the bullish channels that appear on the chart, followed by achieving positive targets that reach 117.00.

 

Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 115.35.

The expected trading range for today is between 115.60 support and 116.80 resistance

The expected trend for today: Bullish

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