The USDJPY crawls upwards – Analysis - 26-10-2021

2021-10-26 04:16:35 GMT (Economies.com)
 

The USDJPY pair shows calm positive trades and moves with the bullish channel’s support line that appears on the chart, to keep the bullish trend scenario valid and active for the upcoming period, which targets testing 114.70 initially.

 

Breaching the mentioned level will extend the bullish wave to reach 116.00 areas, while holding above 113.40 represents key condition to continue the expected rise.

The expected trading range for today is between 113.40 support and 114.60 resistance

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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