The USDJPY keeps its positive stability – Analysis - 18-03-2022
Economies.com
2022-03-18 04:43AM UTC
The USDJPY pair tested the key support base 118.40 and bounced bullishly from there, accompanied by witnessing positive signals through stochastic, which supports the expectations of achieving more gains in the upcoming period, noting that our next target reaches 120.00.
On the other hand, we should note that breaking 118.40 will stop the expected rise and press on the price to achieve some bearish correction before resuming the bullish trend again.
The expected trading range for today is between 118.20 support and 119.50 resistance
The expected trend for today: Bullish
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