The USDJPY breaches the resistance – Analysis - 11-01-2023

Economies.com
2023-01-11 04:21AM UTC

The USDJPY pair traded positively yesterday to breach 132.20 and settles above it, to head towards achieving expected intraday gains, targeting testing 133.30 mainly.

 

Therefore, the bullish bias will be suggested temporarily for today, taking into consideration that breaking 132.10 will stop the expected rise and press on the price to resume the main bearish trend again.

The expected trading range for today is between 131.70 support and 133.30 resistance

The expected trend for today: Bullish temporarily

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