The USDJPY begins bearish correction – Analysis - 11-01-2022

2022-01-11 04:48:40 GMT (Economies.com)
 

The USDJPY pair ended yesterday with clear negativity to break 115.35 and settles below it, to head towards achieving temporary bearish correction before turning back to rise again.

 

Therefore, the bearish bias will be suggested for today, and the main expected target reaches 114.50, noting that breaching 115.35 will stop the current negative pressure and lead the price to resume the main bullish trend.

The expected trading range for today is between 114.60 support and 115.80 resistance

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1342
-0.0062
0.5441%
1.3611
-0.0047
0.3427%
Tadawul
12260.13
73.83
0.61%
24.138
1.126
4.891%
86.168
2.299
2.741%
87.79
0.23
0.26%
1840.250
19.790
1.087%
 
 
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