The USDJPY around the moving average – Analysis - 15-12-2021
Economies.com
2021-12-15 05:13AM UTC
The USDJPY pair still inside the sideways range that appears on the chart, to keep our neutrality valid until the price manages to confirm breaking 113.07 support or breaching 114.00 resistance to detect the next targets clearly.
We remind you that breaching the resistance will push the price to resume the main bullish trend and head towards 115.50 on the near term basis, while breaking the support will force the price to achieve more bearish correction and test 112.30 as a next negative station.
The expected trading range for today is between 113.10 support and 114.30 resistance
The expected trend for today: Neutral
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