The USDJPY resumes the bullish bias – Analysis - 30-12-2021

Economies.com
2021-12-30 05:33AM UTC

The USDJPY pair shows calm positive trades to attempt to surpass 115.00 barrier, reinforcing the expectations of continuing the bullish trend, and the way is open to achieve our waited target at 115.50.

 

The EMA50 continues to support the bullish wave, noting that breaching the targeted level will extend the bullish wave to reach 116.50 as a next main station, while holding above 114.00 represents key condition to achieve the suggested targets.

The expected trading range for today is between 114.50 support and 115.80 resistance

The expected trend for today: Bullish

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