The USDJPY crawls upwards – Analysis - 21-07-2022

2022-07-21 04:10:27 GMT (Economies.com)
 

The USDJPY pair shows gradual rise and continues to move near the bullish channel’s support line, getting continuous support by the EMA50, waiting for more bullish bias that targets 140.00 areas mainly.

 

Holding above 137.40 is important to continue the expected rise, as breaking it will press on the price to turn to decline and achieve intraday bearish correction.

The expected trading range for today is between 137.80 support and 139.00 resistance

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The expected trend for today: Bullish

 
 
 
  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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