The USDJPY around the moving average – Analysis - 30-01-2023
Economies.com
2023-01-30 05:03AM UTC
The USDJPY pair shows sideways in the previous sessions, to fluctuate around the EMA50, and continues to move within the main bearish channel, waiting to resume the bearish wave that its targets begin by breaking 128.90 to rally towards 127.20 as a next negative station.
In general, the bearish trend scenario will remain active conditioned by the price stability below 130.50.
The expected trading range for today is between 128.70 support and 130.50 resistance
The expected trend for today: Bearish
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