The USDJPY continues to rise – Analysis - 09-11-2023

Economies.com
2023-11-09 03:41AM UTC

The USDJPY pair shows more bullish bias to test 151.00 barrier, reinforcing the expectations of continuing the bullish trend, which its next target located at 151.70.

 

Stochastic current negativity might cause some sideways fluctuation before resuming the positive trades, taking into consideration that breaking 150.35 will stop the expected decline and push the price to turn to decline.

 

Advertistment

The expected trading range for today is between 150.20 support and 151.70 resistance

 

The expected trend for today: Bullish

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