The USDJPY is recovering – Analysis - 07-02-2022

2022-02-07 05:29:50 GMT (Economies.com)
 

The USDJPY pair traded with clear positivity in the previous sessions to move away from 114.65 level, to reactivate the positive scenario and head to achieve additional gains that reach 116.35, supported by the EMA50 that carries the price from below.

 

Therefore, the bullish bias will be suggested on the intraday basis conditioned by the price stability above 114.65.

The expected trading range for today is between 114.65 support and 116.00 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0510
-0.0080
0.7528%
1.2197
-0.0108
0.8799%
22.675
-0.482
2.081%
72.566
-8.909
10.935%
77.76
0.60
0.78%
1785.445
-10.115
0.563%
 
 
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