The USDJPY resumes the rise – Analysis - 16-11-2021
Economies.com
2021-11-16 05:35AM UTC
The USDJPY pair returned to rise clearly to settle above 114.00 barrier, reinforcing the expectations of continuing the main bullish trend, waiting to visit 114.70 as a next main target.
Stochastic current negativity might cause some temporary decline before turning back to rise again, reminding you that the continuation of the bullish wave depends on the price stability above 113.40.
The expected trading range for today is between 113.70 support and 114.80 resistance
The expected trend for today: Bullish
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