The USDJPY resumes the rise – Analysis - 08-06-2022

2022-06-08 04:08:47 GMT (Economies.com)
 

The USDJPY pair returns to rise after the temporary decline that it witnessed in the previous sessions, to move above 133.00 barrier now, waiting for more bullish bias to achieve our next positive targets that start at 133.50 and extend to 134.40.

 

Holding above 132.30 is important to continue the expected rise, as breaking it will force the price to achieve some correctional decline and visit 131.35 areas before any new positive attempt.

The expected trading range for today is between 132.50 support and 133.80 resistance

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0424
-0.0157
1.4848%
1.2099
-0.0173
1.4061%
19.698
-1.669
7.811%
108.022
0.605
0.563%
111.63
2.60
2.38%
1799.775
-29.770
1.627%
 
 
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