The USDJPY breaks the support – Analysis - 30-03-2022

2022-03-30 03:55:41 GMT (Economies.com)
 

The USDJPY pair broke 122.62 level strongly to confirm the continuation of the correctional bearish trend, opening the way to head towards 121.10 that represents our next negative target.

 

Therefore, the bearish trend will remain expected for the upcoming sessions, affected by the previously completed double top pattern, noting that the continuation of the expected decline depends on the price stability below 122.62.

The expected trading range for today is between 121.10 support and 122.40 resistance

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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