The USDJPY around the moving average – Analysis - 01-02-2023
Economies.com
2023-02-01 05:00AM UTC
The USDJPY pair hovers around the EMA50 since yesterday, waiting to get negative motive that assists to push the price to resume the expected bearish wave for the upcoming period, which its targets begin by testing 128.90 level.
Therefore, the negative scenario will remain valid and active unless breaching 130.50 and holding above it.
The expected trading range for today is between 129.20 support and 130.90 resistance
The expected trend for today: Bearish
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