The USDJPY consolidates above the support base – Analysis - 23-12-2021
Economies.com
2021-12-23 05:09AM UTC
The USDJPY pair keeps its stability above 114.00 level, noticing that stochastic gains the positive momentum clearly, to support the chances of resuming the expected bullish trend on the intraday basis, which targets 115.50 level mainly.
The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 114.00.
The expected trading range for today is between 113.60 support and 114.80 resistance
The expected trend for today: Bullish
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