The USDJPY hits the first target – Analysis - 06-04-2022
Economies.com
2022-04-06 02:07AM UTC
The USDJPY pair rallied upwards to succeed achieving our first waited target at 123.40, reinforcing the expectations of continuing the main bullish trend, waiting for more positive trading to visit 125.00 as a next target.
The EMA50 continues to support the suggested bullish wave, reminding you that it is important to hold above 122.62 to continue the expected rise.
The expected trading range for today is between 123.10 support and 124.20 resistance
The expected trend for today: Bullish
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