The USDJPY faces solid resistance – Analysis - 14-11-2023

Economies.com
2023-11-14 04:07AM UTC

The USDJPY pair hovers around 151.70 level and finds difficulty to breach it, waiting to get positive motive that assist to push the price to surpass this level and open the way to rally towards our next positive target at 152.50.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period, which gets continuous support by the EMA50, noting that holding above 150.85 is important to achieve the waited targets.

 

Advertistment

The expected trading range for today is between 151.10 support and 152.50 resistance

 

The expected trend for today: Bullish

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