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The USDJPY awaits more rise – Analysis - 08-02-2022

2022-02-08 05:37:32 GMT (Economies.com)
The USDJPY awaits more rise – Analysis - 08-02-2022
 

The USDJPY pair resumes its positive trades by today’s open and tests the resistance barrier formed at 115.45, and the price needs to surpass this level to ease the mission to rally towards our main waited target at 116.35.

 

Therefore, our bullish overview will remain valid and active unless breaking 114.65 and holding below it.

The expected trading range for today is between 114.80 support and 116.00 resistance

The expected trend for today: Bullish

 
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  Symbol Last Change Chg.%
EUR/USD
1.0184
-0.0064
0.6221%
Evening update analysis for the EURUSD 05-08-2022
GBP/USD
1.2078
-0.0172
1.4073%
Silver
19.902
-0.394
1.941%
Oil
89.332
-4.332
4.625%
Evening update for Crude oil price 05-08-2022
Brent Oil
94.92
0.80
0.85%
Gold
1773.140
2.840
0.160%
Evening update for Gold 05-08-2022
 
 
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