The USDJPY keeps its positive stability – Analysis - 14-06-2022
The USDJPY pair faced negative pressure yesterday to attack 133.75 level, but it bounced bullishly to settle around the bullish channel’s support line that appears on the chart, noticing that stochastic provides positive signals that support the chances of continuing the expected bullish trend on the intraday and short term basis, which its next targets located at 135.00 followed by 135.50.
The EMA50 keeps supporting the suggested bullish wave, reminding you that it is important to hold above 133.75 to continue the suggested rise.
The expected trading range for today is between 133.75 support and 135.00 resistance
The expected trend for today: Bullish