The USDJPY hits the target – Analysis - 14-07-2022
Economies.com
2022-07-14 04:05AM UTC
The USDJPY pair succeeded to achieve our waited target at 138.00 and attempts to breach it, reinforcing the expectations of extending the bullish wave on the short term and medium term basis, noting that our next positive stations start at 138.50 and extend to 139.70 after surpassing the previous level.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 136.70 and holding below it.
The expected trading range for today is between 137.40 support and 139.00 resistance
The expected trend for today: Bullish
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