The USDJPY awaits the break – Analysis - 26-01-2022
Economies.com
2022-01-26 04:55AM UTC
The USDJPY pair provided slight positive trades yesterday but it faced the EMA50 that forms good resistance against the price, to resume the bearish bias and approach 113.60 level, waiting to break this level to confirm opening the way to visit 112.75 as a next negative target.
In general, the bearish trend will remain valid for the upcoming period as long as 114.65 level remains intact.
The expected trading range for today is between 113.10 support and 114.40 resistance
The expected trend for today: Bearish
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