The USDJPY price awaits the breach – Forecast today - 04-04-2024

Economies.com
2024-04-04 01:38AM UTC

USDJPY Price Analysis

  • The USDJPY price continues to fluctuate inside the ascending triangle.
  • We are still waiting to get positive motive that assist to push the price to breach 151.81 level followed by rallying to resume the main bullish trend.
  • This trend targets 153.00 areas as a next main station.
  • We will continue to suggest the bullish trend that gets good support by the EMA50 unless breaking 151.25 and holding below it.

The expected trading range for today is between 151.00 support and 152.50 resistance.

Trend forecast: Bullish

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