The USDJPY hits the first target – Analysis - 02-06-2022
Economies.com
2022-06-02 04:05AM UTC
The USDJPY pair rallied upwards to succeed achieving our first target at 130.00 and settles around it, waiting for more rise to visit the recently recorded high at 131.35 as a next main target.
The EMA50 continues to support the suggested bullish wave, noting that breaking 129.40 will press on the price to achieve intraday bearish correction before turning back to rise again.
The expected trading range for today is between 129.60 support and 131.00 resistance
The expected trend for today: Bullish
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