The USDJPY keeps its positive stability – Analysis - 22-11-2021

Economies.com
2021-11-22 05:23AM UTC

The USDJPY pair leaned on the bullish channel’s support line and bounced bullishly from there, to resume the main bullish track, supported by stochastic positivity, waiting to visit 114.70 as a first positive target.

 

We remind you that breaching the targeted level will extend the bullish wave to reach 115.50 as a next station, while the expected rise will remain valid conditioned by the price stability above 113.65 and the most important above 113.40.

The expected trading range for today is between 113.60 support and 114.90 resistance

The expected trend for today: Bullish

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