The USDJPY regains the bullish track – Analysis - 18-01-2022

Economies.com
2022-01-18 05:20AM UTC

The USDJPY pair opened today with strong rise to breach 114.65 level and settles above it, to return to the bullish channel that appears on the chart and resume the main bullish track, on its way to achieve positive targets that start at 116.35.

 

Therefore, we expect to witness more rise in the upcoming sessions unless breaking 114.65 and holding below it.

The expected trading range for today is between 114.20 support and 115.50 resistance

The expected trend for today: Bullish

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