The USDJPY keeps achieving the negative targets – Analysis - 29-07-2022

Economies.com
2022-07-29 04:02AM UTC

The USDJPY pair succeeded to achieve our second target at 134.55 and begins today with clear decline to break this level and open the way to extend the correctional bearish wave, targeting 133.00 followed by 131.55 levels as next negative stations.

 

Therefore, we are waiting for more expected decline in the upcoming sessions unless the price rallied to breach 134.55 followed by 135.70 levels and holding above them.

The expected trading range for today is between 132.90 support and 134.55 resistance

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The expected trend for today: Bearish

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